A 20 percent down payment is the gold standard held up by every real estate resource ever. With less than 20 percent down, you’re on the line to pay PMI — private mortgage insurance — a fee that’s tacked on to your mortgage every month for no other reason than to protect the bank (not …
Picture this: you have found the home you’ve always dreamed of owning. You’ve looked it over several times, imagined where everything would go, and decided to move forward with trying to make it yours. You will probably have to give the seller a few offers until you get to a price you both can agree …
The primary goals of a real estate investor are to generate a steady cash flow and make a profit. In other words, you need to make a return on your investment, which means the investor buys the property at a realistic price then rents it or sells it at a profit. If you want to …
The average rate on 30-year fixed-rate mortgages fell three basis points, the 15-year fixed rate dropped three basis points, too, and the 5/1 ARM climbed three basis points, according to a NerdWallet survey of daily mortgage rates published by national lenders Monday. The 30-year fixed-rate mortgage is three basis points lower than one week ago and 21 basis …
Is your home ready for the next snowpocalypse? Winter is right around the corner, and there’s never been a better time for a little home improvement, inside and out. Most people spend more time indoors in the winter, and these easy home upgrades can help keep your cabin fever at bay until things warm up …
The holiday season is upon us, and that means you’re probably excitedly gearing up for your holiday travels—whether you’re off to spend quality time with your family, or you’re taking a much-needed vacation somewhere warm. But before you head out the door suitcase in hand, there are a few things at home you should …
Buying a house and moving in is gonna cost you. There’s no way around it. Right? Well, actually, there may just be a way to make it not quite so painful. A willingness to negotiate and put in a little work plus a little inside info on special deals you can take advantage of can …