How to Set the Right Budget for a Cost Effective Home Remodel
By Ana Durrani Feb 9, 2023 (Getty Images) Dreaming up a home remodel is easy, but budgeting for one can be way more challenging than it seems. Most homeowners have their sights set on a room or section of the house they’d like to revamp. And [...]
On the House: Is Down Payment Assistance Available to First Time Homebuyers?
By Clare Trapasso Feb 9, 2023 (Getty Images / Realtor.com) Q: What kind of down payment assistance programs are available to first-time homebuyers? Who doesn’t love free money—especially when it can help you to afford your first home? Saving up for a down payment on your [...]
What is a FHA 203(k) loan? Benefits Requirements and How it Works
By Erik Gunther Feb 8, 2023 (Realtor.com) Whether you’re buying a fixer-upper or just want to modernize the kitchen of a dated home before you move in, a FHA 203(k) loan insured by the Federal Housing Administration (FHA) could be the solution to purchasing a home that will [...]
Save Money (and the Planet): An Energy Efficient Mortgage, Explained
By Lisa Marie Conklin Feb 7, 2023 (Getty Images) Are you a buyer with your eyes on a charming older house or a bargain fixer-upper? As you’re researching what it will take to buy the property, you’ll likely come across some hefty costs for updates to replace the outdated [...]
A Tale of 2 Housing Markets: Why Some Homes Still Cause Heated Bidding Wars While Others Sit Unsold
By Clare Trapasso Feb 6, 2023 (Illustration by Realtor.com; Photos: Getty Images (2)) Homebuyers who are closely watching the correction in the real estate market might believe now is a good time to pounce. After all, homes are sitting on the market for longer, those maddening bidding wars have [...]
What Is a Foreclosure? 4 Crucial Elements Homeowners Must Know
By Daniel Bortz Jan 29, 2023 (KLH49/iStock) What is a foreclosure? When a homeowner doesn’t pay their mortgage for an extended period of time, a lender will take possession of the home—which means the current owner must move out. Foreclosure is a scary word and it’s become a [...]
