Video: Are There Special Mortgages For First-Time Homebuyers?

Home Selling Tips, Mortagage Tips , ,
Yes. Like the video shows, lenders now offer several affordable mortgage options which can help first-time homebuyers overcome obstacles that made purchasing a home difficult in the past. Lenders may now be able to help borrowers who don't have a lot of money saved for the down payment and closing costs, have no or a poor credit history, have quite a bit of long-term debt, or who have experienced income irregularities.
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You Ask, We Answer: Understanding the Real Estate ‘Short Sale’ and How This Process Works

Home Selling Tips , ,
A short sale is something that occurs when a homeowner is not able to make the mortgage payments on time due to a financial hardship. Instead of foreclosing on the property after one or more missed payments, the bank may agree to allow the homeowner to turn the home over to the bank, which will sell it to as close to market value as possible. Here's what you need to know about how short sales work and what circumstances might call for one. Step 1: The Homeowner Provides Information To The Bank The first step in the short sale process…
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Improve Your Curb Appeal This Winter

Home Selling Tips , ,
After all of the excitement of the holidays, the sparkle of the lights and the over-stimulation of decorations, the rest of winter can seem lackluster. Don't let your home add to the dreariness of the season. Spruce up your curb appeal with the tips below and inspire your neighbors to create well-groomed street that will make drivers passing through smile. Tend The Plants If you're currently located in a winter wonderland, then dig up any dead plants that won't grow back. Replace them with cold-loving flowers, such as snowberry or lambs ear. In warmer climates, this is the time for…
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Flaws You Cannot Hide By Staging Your Home

Home Selling Tips , ,
When you sell your home, you want it look as good as possible. To do this, your real estate agent will help you stage your home or, if needed, help you find a professional to stage your home. This means de-cluttering your home, re-arranging furniture, and de-personalizing each room. A staged home is more appealing to buyers and helps to highlight your home's positive features. However, staging is not meant to cover major flaws in your home. Some things just have to be repaired. Roof Problems It doesn't matter how pretty your home is, your buyer is going to expect…
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