Credit History – Fears and Remedies

Many prospective home buyers are fearful that their credit history could affect their ability to get a mortgage. Most times this fear is unfounded or easily remedied.

What is Mortgage Insurance

Not all mortgage loans have mortgage insurance. Those in which the down payment is less than 20 percent of the purchase price do, and they are meant to guard the lender in the event there is a default on a mortgage. When a default occurs, the property goes into foreclosure.

Why Consider a 15 Year Mortgage Term

There is a good reason why so many Americans select a 30-year pay-out term when they buy a home. It’s called cash flow. For most of us, handling a 15-year-term just does not fit our monthly budget.

How A Home Loan Is Processed

The process of obtaining home financing can seem difficult. Conditions set by external sources outside the lending institution are strict and must be followed. Understood, however, they are more easily managed by you. This article will examine these regulations, as well as the criteria lenders use to determine loan approval.

How do I find a real estate attorney?

Not all real estate attorneys are competent, let alone good. And it’s important to find one who will help, rather than hinder, the deal. Finding a good real estate attorney is like finding a good broker.

4 Steps to Buying a New Home

For first-time home buyers, the process of buying a house can seem daunting. With a little education, a little soul-searching, and the help of an Ogden professional, however, the process cannot only be painless, but also exciting.

What are the Advantages of Working with a Buyers Agent?

In general, it will not cost you any more to hire a buyer’s agent than it would to work with a traditional seller’s agent. The savings in time &  money gained by using the services of a skilled buyer’s agent make chosing a buyer’s agent a worthwhile decision. The following article was originally written for the International Real Estate Digest.

Free First Time Buyers Checklist

Buying a home is an important decision and often challenging for even an experienced home-buyer. The following home-buyer’s checklist is designed to assist you in organizing the process and managing your priorities. We recommend you start a file for the complete home-buying process and include this checklist as the first step.

What is a Home Inspector & What Do They Do?

A home inspector is a trained professional who comes to a home for the purpose of performing an inspection on all its major systems and components. An inspector’s trained eye allows him/her to file an honest, objective, detailed opinion as to the overall condition of the house. Everything from the foundation to the heating, plumbing, and interior structure is inspected.

What is a Home Warranty

There are two types of home warranties commonly in use in real estate transactions:  a home owner’s warranty for new construction and a home owner’s warranty for previously owned homes. Home builders and developers will usually provide a door-to-door warranty for one year for nearly everything in the new home.