When making the move from renter to homeowner, it’s easy to think your monthly mortgage payment will be the only big cost you’ll need to be concerned about. Many first-time homeowners make this mistake, and then discover all the additional costs after buying their home. However, this common mistake can be avoided. Here are some extra costs that should be included when you’re establishing a monthly housing budget.
With home prices still on the rise, it’s a great time to tap into your home’s equity using a Home Equity Line of Credit (HELOC). Tapping into your home’s equity will give you the funds you need for large expenses.
Selling your home can be a stressful process, especially if you’re counting on the proceeds of the sale to help make a down payment on a new home. If you’re looking to sell your home, you’ll likely want to see that sale happen as quickly as possible. After all, it isn’t easy to be paying two mortgages at once. Here are 12 helpful tricks to get your home into the hands of its new owners as fast as possible.
Finding the right mortgage can seem overwhelming to a first-time home buyer or even a current homeowner who hasn’t gone through the process for many years. When it comes to getting a mortgage, there are misconceptions about the process that may discourage a home buyer. Here are four common mortgage myths and why you shouldn’t worry so much about them.
As a new homeowner, you likely have a long list of items you need or want to purchase for your new home. From welcome mats to window treatments and wall hangings, there’s lots to buy in the first few weeks after closing on your first home. As you browse through new couches and home decor, don’t forget to stock up on the basic tools every new homeowner needs.
With housing prices in Colorado currently at all-time highs, you may be asking yourself, is 2021 a good time to sell your home? While it appears to be a seller’s market, and the perfect time to put your home up for sale, there are many variables to consider before going forward. Below, we’ve outlined important points to know about today’s Denver Metro housing market so you can make an informed decision about selling your home in 2021.
If you’re planning on doing home renovations this year, you may be wondering how to finance it all. Should you take out a loan? Should you just charge all the expenses to your credit card? There are many options, but which one makes the most sense financially?
Your home is where you spend a good portion of your time. It’s where you and your family create happy memories. It’s understandable that you’d want your home to be just the way you want it. However, it can be expensive to hire a professional to renovate parts of your home. If you want to freshen up your home without the added expense of a contractor, here are some DIY home improvements to try, if you’re feeling handy.
If you’re thinking of selling your house in Colorado, timing is everything. During different times of the year, certain circumstances can determine how much your home will sell for and how fast it will sell.
Before you start prepping to sell your home, take a moment to consider your particular circumstances and needs. Let’s take a deeper look so you can make an informed decision about when to put your house on the market.
With today’s historically low rates, refinancing your mortgage could give your budget a real boost. In fact, reducing the interest rate of your mortgage by just half a percentage point (0.50%) or more can have a huge impact on your monthly cash flow. Here’s why it’s financial smart to refinance your mortgage when rates are low.