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Month: June 2017

How Long Does It Take to Get a Mortgage?

By in Down Payments with 0 Comments

Home shoppers may need to plan for more time than they realize when they’re starting the process of obtaining a mortgage. “Today’s mortgage process is very involved, particularly with regard to the documentation required, third-party verifications, and the independent appraisal process,” says Whitney Fite, president of Angel Oak Home Loans in Atlanta. “All of these […]

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Questions to Ask a Home Inspector

By in First Time Home Buyers with 0 Comments

Do you belong to a professional association? There are many associations for home inspectors, but some groups confer questionable credentials or certifications in return for nothing more than a fee. Make sure the association your home inspector names is a reputable, nonprofit trade organization. Will your report meet all state requirements? Also, make sure the […]

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7 Reasons to Own A Home

By in First Time Home Buyers with 153 Comments

1.Tax benefits.The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, and some of the costs involved in buying a home. 2.Appreciation. Historically, real estate has had a long-term, stable growth in value. In fact, median single-family existing-home sale prices have increased on average 5.2 percent each year […]

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