Buying

Found 41 blog entries about Buying.

FHA Loan Requirements, Guidelines, Limits, Credit Scores and Down payments!

FHA Loan Requirements: 5 Critical Facts + 17 Common FHA Questions

The FHA (Federal Housing Administration) is helping turn the American dream of homeownership into a reality. An FHA loan offers borrowers a greater opportunity at qualifying for a loan to buy a home by using a different set of requirements and guidelines that both protect lenders and give home buyers opportunity!

Table of Contents (Click each section to jump to it):

  • What is an FHA Loan?
  • What you Need to Know
  • FHA Loan Requirements
  • FHA Loan Limits
  • FHA vs. Conventional
  • Other Important FHA Tips
  • 17 Common FHA Loan Questions Answered

Without further ado, let's dive in and discuss FHA loans in detail

What is an FHA Loan?

FHA loans are often one of the

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Roof - Repair, Cost, Installation, Shingles and different materials

How Roofs Work

Thank you for stopping by to learn more about your roof! Before we dive into the article on 9 signs your roof needs repair it makes sense to give a little background on how roofs work and what their purpose is.

If you'd prefer to jump right to the article, 9 signs your roof needs repair, click here.

From sun, snow, rain, hail, the wind, debris from trees, and more, your roof protects your home. The constant beating your roof takes every day makes it one of the most important pieces of your home's structure and that's why roofing costs aren't cheap. In order to better understand how roofs work, we need to break it down into layers.

First, you will need a roof deck which is often made of plywood or oriented strand board at its

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Septic Tanks

Watch the video below to learn about how septic tanks work and click each bullet to jump to that section:

  • Septic Tank Information
  • How does a Septic Tank Work
  • Pros and Cons of Septic Tanks
  • Septic Tank Installation
  • Septic Tank Maintenance
  • Septic Tank Pumping and Cleaning
  • Septic Tank Cost

Septic Tank Information

If you have lived in a house that is connected to a municipal or county sewer system the idea of having a septic tank can seem a little daunting. It needn’t be, as a septic system is very common to find in homes all across the country. Municipal and county sewer systems only make sense when there are enough homes clustered in a certain area .Once development moves further out from the more

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Buying a House in 2018

It's 2017 and that means it's a GREAT time to start preparing yourself for buying a house in 2018!

A lot of the people who are currently reaching out to us about buying a home, in our local market of Raleigh, are preparing themselves for a purchase in 2018. These folks are the inspiration for this article and my hope is you will be well prepared by the end of it.

In Real Estate it's not uncommon for people to keep their eye on the market long before they become serious buyers and thus we are writing a how to guide for buying a home in 2018.

Buying a house requires preparation and the more prepared you are the more confident you will be heading in. Real Estate is one of the safest investments you can make, especially if you're buying in a

1,697 Views, 0 Comments

Should you Buy or Build a New Construction Home?

One of the largest investments most people will make is a home purchase. Undoubtedly, home buying is wrought with paperwork, inspections, contingencies, and that ever-looming escrow process. Each step along the way can feel like it’s dragging on into infinity. But, does buying an already existing home differ greatly from building your own home?

Buying an Existing Home: Pros and Cons

There is a definitive upside to purchasing a home that’s already built: you don’t have to wait for it to be constructed. Also, depending on if you’re interested in one of the fully constructed homes in a new neighborhood, most neighborhoods are already established. As such, you can readily see how others maintain their homes.

One nice thing about mature

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How to Choose a Mortgage Broker

There are many moving parts when it comes to buying or selling real estate. Financially speaking, most buyers will need to find a mortgage broker who can facilitate the mortgage process based on individual considerations. Use online mortgage calculators to assist you in how much house you can afford.

The first step is understanding the differences between a mortgage broker versus a mortgage lender. Quite simply, a mortgage broker matches the buyer with an appropriate lender. Meanwhile, the lender is the institution who is providing the funds for the buyer to finalize the home purchase. Mortgage brokers are not loan officers. Yet, they do work with loan officers, if need be, on your behalf.

While securing the services of a mortgage broker isn’t a

1,185 Views, 4 Comments

Home Design Trends in 2017

Home Design Trends for 2017 brought to you by Raleigh Realty

Now that we’ve bid adieu to 2016, the New Year brings with it exciting possibilities that encompass many spheres of our life. When it comes to home decor and interior design, 2017 promises to be a year that will make people look beyond the obvious color palettes and the “oh so!” style themes.

  • For the Kitchen
  • For the Bedrooms
  • For the Bathrooms
  • For the Living Room
  • What is out of style?

Over the last couple of years, home decor has completely changed its ballpark with new trends emerging every season. As the world becomes more compact, tastes and preferences are no longer defined by geographies. Now, people are also more willing to spend a generous amount of money to give their home a makeover it

2,542 Views, 9 Comments

How to Save Up for a Down Payment

Saving for a Downpayment on a House

Let's start with some great news: You DON'T need 20% down to buy a house. In our market, here in Raleigh, North Carolina, and in a lot of other places, you can buy a home with 0% down

A great way to build wealth over a period of time is through the building of home equity. Obviously, this means that one of the main requirements needed to build this home equity is to actually own a home. Many aspiring home buyers typically run into the problem of acquiring the funds needed to make their first down payment on a new home. Not a problem. This article lists the many steps a person can take to save up the money needed to do just that. 

More than likely, one of the biggest single purchases an individual will make

2,413 Views, 2 Comments

How to Get The Best Mortgage Rate and Lender

How to Get the Best Mortgage Rate

Over the last 12 months, mortgage rates have been at historic lows. A mortgage can be daunting since you will be incurring a lot of debt, however, it is going towards something that will help you build wealth, a home. In this article, we are going over simple steps that anyone can take to getting a great mortgage rate.

There is speculation that rates will soon begin to go back up as inflationary fear starts to creep back in. For now, the question we want to address is how to get the best mortgage rates. There are numerous options and strategies out there. Read on a bit further to learn all of the details.

Do the Math

The first thing you want to do is to figure out the math involved with your

1,325 Views, 1 Comment

Tax Breaks for Homeowners

10 Tax Breaks When You Own A Home Infographic

This article is for informational purposes only. If you're seeking tax advice please consult with a tax advisor.

When you decided to own a home as opposed to renting one, you were getting started on the road to creating an investment. To assist homeowners such as yourself with the strain caused by paying high mortgages, the US government has created numerous tax deductions specifically designed to lower the payments you’ll have to make during tax season. Now that you qualify for them, your next step should be to learn as much about them as possible.

We’re sure that up until recently, you’ve probably only been claiming standard deductions on your taxes. Now that you’re a homeowner, you’ll learn to itemize the extra

14,256 Views, 3 Comments