Wednesday, March 06, 2019 / by Grant Williams
The time has come and you are ready to buy, but before you start searching for your next home review this checklist. This list helps you prepare your budget in advance and guide you to financial success in the future.
1. Reduce Debt & Increase Credit Score: Before you start looking for your next home you should request a credit report. This will give you a starting point on understanding your credit score before you request a loan. Your credit score will influence the interest rate of your loan. 2. Save Money to Set Yourself Up with a Large Down Payment: While it is possible to purchase a home without a 20% down payment it’s best to get as close as possible. This will allow you to have a smaller mortgage rate, Avoid PMI, and receive a better rate. If you do not have a 20% down payment you may qualify for a VA or FHA loan.
3. Keep a Conservative Budget: It’s just not the list price that is included in the purchase. Keep in mind there are inspection fees ...
Thursday, January 04, 2018 / by Grant Williams
Thursday, December 07, 2017 / by Grant Williams
Monday, October 16, 2017 / by Grant Williams
Thursday, September 21, 2017 / by Jason Huval
WHAT IS A HOME WARRANTY?
What Is A Home Warranty and What is Home Insurance?
A home warranty is a one-year service contract designed to protect a home’s systems and appliances. If a covered system of appliance in your home fails, a home warranty will cover the repairs or replacement. This can include your plumbing, electric, heating and cooling systems. As Shawna Bell of Landmark Home Warranty explains, “Home warranties provide financial protection for homeowners who might be faced with unexpected problems with their appliances.”
Although a home warranty is not required like home insurance is, it is a good safety precaution to have in case an appliance or a system fails. If someone has lived in your house prior to you, or your builder's warranty has expired, it is something you should consider. Home warranties cover your major appliances in your house, unlike home insurance which covers natural disasters, theft, and things of that nature ...