The Things That Affect Your Credit Score
Been out looking at homes lately? Thinking that it might be time for you to make the leap? Stop renting, set down some roots, and grow your family? Those are all great ideas, if you ask us. (First, because we hate to see people waste money on rent when they can invest in themselves. Second […]
How Much of Your Home Purchase Hinges on Your Credit Score?
Unless you’re one of the lucky ones who hit that lottery jackpot or your MegaBucks dreams have come true, the odds are when the time comes that you want to buy a home, you’re going to need to get a mortgage loan to do it. (By the way, when it gets to that point, the […]
What is This Charge for a “Title Insurance Policy” on My Closing Statement?
When you work in the real estate industry, it’s easy to get so used to the “lingo” that you forget sometimes the words and terms you’re using aren’t necessarily mainstream knowledge. That got us thinking that it’s worth taking the time to explain a few of the most common real estate terms that we industry […]
4 REASONS YOU NEED A PRE-QUALIFICATION LETTER BEFORE SHOPPING FOR A HOME
Yes – you really do need to seek advice on this topic. Why? Because it’s one thing to decide you need to find a new home for your family’s needs. It’s quite another to know how much home you’re actually qualified to buy. So before you start house-hunting online and looking at pretty house pictures, […]
The Truth About Builder Incentives and Seller Concessions
If you’re a seasoned homeowner – or even getting ready to make your first leap into home ownership – the odds are you’ve seen those ‘special offers’ in real estate listings. They are, after all, designed to catch your eye – with phrases like: “$20,000 in free upgrades!” or “We’ll pay up to $10,000 of […]
Not All Mortgage Loans Are The Same – Shop, Ask, & Know These 15 Lending Terms
Whether you’re new to homeownership, or in the process of hunting for your 10th residence – the one thing that most of us have in common is the need for a mortgage lender. (Any recent lottery winners out there? If so, you have our permission to skip this article.) And thank goodness for mortgage loans, […]
More Adventures for the New Homeowner
As a new homeowner or as a homeowner looking for a new home, we here at New Home Resource strive to be the one source for all your house searching or selling requirements. Whether you’re moving to Summerlin or Mountain’s Edge, we ensure that you’re happy with your home. After you find that ideal locale […]
The Dangers of Taking too Long to Decide on a New Home
To overstate the obvious, purchasing a new home is a big deal. No one should rush into a deal without thoroughly thinking it through first. For most people, a house will be the biggest asset they have. That being said, many potential homeowners have a nasty habit of waiting too long to make a decision. […]
Home Buying Myths Phase 5
As we all know, most things about traditional home buying have gone out the window. This includes what we all know as a down payment. Traditionally, homebuyers took a 30-year-fixed loan and put 20 percent down and that just is not the case anymore. Myth #5: A buyer must put down 20 percent to get […]
Best Kept Secrets for Buying a Home
Many people are nervous, anxious and distracted when looking to buy a home. What location? What is our budget? What if we buy the wrong one? Research and asking questions will kick start your process, along with these seven secrets for buying your next house… 1. When you are looking to buy your next home, […]