5 things to do before you start shopping for a home

If you’ve decided to buy a home, it’s tempting to jump right into your home search. However, rushing into home shopping before you’ve laid the proper groundwork can lead to mistakes, frustrations and expenses down the road. To give yourself a better chance for a smooth, affordable and stress-free home purchase, you need to prepare ...

What rising mortgage rates mean for you

Mortgage rates have been making a move. After a period of record lows that roughly spanned the previous two years, rates have been on their way up in 2022. The U.S. central bank has announced its intention to fight inflation with higher interest rates, which means mortgage rates seem poised to continue their rise. If ...

4 ways homebuyers can solve appraisal gaps

Before you can get a mortgage to buy a home, your lender’s appraiser typically must agree that the home is worth at least as much as the sales price. If the home appraisal value comes up short, a situation called an appraisal gap is created, and you won’t be able to secure your loan for ...

Who needs your address when you move

When moving to a new home, an important step is to provide your new address to everyone who needs it. However, remembering every person, company and institution that needs to know your address can be a challenge — especially when you’re in the middle of a move. While your exact list of necessary contacts may ...

Why more homebuyers are bidding above asking price

Buying a home has traditionally involved negotiating the sale price down from the seller’s asking price. Recently, however, the opposite has become common. Thanks to the hot real estate market, as many as half of all home sales now close for more than asking price. Here’s why this is occurring and how you can decide ...

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