What is a Foreclosure? When buying a home, many people take out a home equity loan or borrow from a bank or mortgage company to cover a portion of the purchase price. Often, people combine their mortgage loan with a home equity loan when refinancing. Failure to make loan payments may result in your lender […]
Author Archives: Amy Biltz
Project Left Unfinished? What to Do When a Contractor Doesn’t Finish the Job
May 6, 2022 by Julia Weaver For most homeowners, a great deal of effort goes into choosing the right contractor for their home renovations. By the time you’ve decided on a contractor, finalized an agreement, and paid the deposit, the last thing you need is for it all to fall apart. Some delays are warranted in home […]
Inflation and House Prices: What Homebuyers, Sellers, and Renters Need to Know
June 1, 2022 by Jamie Forbes Prices are up almost everywhere – from food, to gas, to home prices. In February 2012, the nationwide median sale price of a house in the U.S. was $160,000. More than ten years later, that number is up to a record $423,000. Homes in markets like Seattle, WA, regularly face bidding wars, while nationwide, nearly 6,000 have […]
What is a Seller’s Disclosure? Here’s Why It’s Important
March 14, 2022 by Marissa Crum Updated on March 18th, 2022 Whether you’re about to purchase a new condo or sell your current home, there is a lot to learn and paperwork to sign. One of these critical documents is called a seller’s disclosure. A seller’s disclosure, also known as a property disclosure, is a document that sellers […]
How to Buy a House With Bad Credit
May 11, 2022 by Chibuzo Ezeokeke Updated on May 13th, 2022 Buying a house can be an exciting yet confusing process. It can also be frustrating when you’re trying to buy a house with bad credit and don’t know where to turn for answers. Many people rent with the dream of going through the home buying process and becoming […]
What Are the Four C’s of Credit? How Lenders Qualify You for a Mortgage
April 25, 2022 by Mekaila Oaks There’s no doubt that one of the most important and often daunting steps in the homebuying process is qualifying for a mortgage. By understanding what lenders look for – the four C’s of credit – you can set yourself up for success and a smooth-sailing mortgage underwriting process. So, if you’re currently renting an […]
Secured Vs. Unsecured Personal Loans: Which Are Better?
If you need to take out a personal loan, one of the first big decisions you’ll need to make is whether to use a secured vs. unsecured loan. There are many differences between the two, all stemming from one fact: A secured loan is backed by some sort of collateral (i.e., an asset that you own) […]
Considering a Kitchen Remodel? Here’s How to Add Value and Help Sell Your Home for More
The kitchen is one of the most important rooms in a home, serving as both a central meeting place for family and a functional area necessary for preparing meals. With the many functions a kitchen can play in day-to-day life, it’s easy to understand why a modernized kitchen is a must-have for millions of homeowners […]
For Sale by Owner (FSBO) Tips for Sellers
If you’re at all familiar with the world of real estate you’ve likely come across the idea of For Sale by Owner listings, or “FSBO” listings. For homeowners looking to take the real estate process into their own hands, it’s a popular option to skip the use of a realtor or agent and instead sell […]
Tips for Working With Cash Buyers
At face value, working with cash buyers should be simple. Unfortunately, this is not always the case, and working with cash buyers can be difficult. There are a few malpractices to look out for when working with cash buyers to save time and frustration. Over the years, many cash buyers draft terms in their offers […]