In theory, selling a home should be easy—you find a real estate agent, put your home up for sale, and wait for the home to sell. But since the process is so complicated, there are many opportunities for mistakes to occur. Here are the most common mistakes sellers make when selling their home:
Buying A Home: The Home Inspection Process
Which sounds better: moving into a home that you know is sound and you are aware of any repairs needed, or moving into a home and discovering that the ceiling leaks and the electric systems are unreliable? Being aware of any problems that need to be fixed or have been fixed, of course. Buying your […]
Understanding Contingency Clauses
No home purchase goes smoothly 100% of the time. There may come a time when you have to back out of real estate contract – maybe there was an undisclosed defect in the home or it has an unmarketable title – and perhaps you are past the due diligence period. What could you do to […]
Does Buying Points Make Sense For Your Mortgage?
If you’re trying to get a good deal on Kansas City mortgage rates, you may have heard that you can buy points on your mortgage. Essentially, you are “buying down” your mortgage rate. But is this the right move for you and when should you do it?
How to Keep Accurate Records (And Why It’s Important)
Whether you are applying for a home loan, getting pre-approved, or selling a home, keeping accurate records is an important part of financial responsibility. Accurate records will help you provide evidence about a past event like a home purchase in case of emergency or you need proof of ownership. Why Keep Accurate, Organized Records? According […]
Examples Of Common Closing Costs
When you close on your home, you will be paying around 2 to 6 percent of the purchase price in closing costs, or fees paid to third parties for their services. Lenders are required by law to provide you with an estimate of how much these closing costs will cost you so you know what […]
What Mortgage Companies Should Tell Novice Home Buyers
When it comes to home financing, there are plenty of misconceptions that can confuse borrowers. If you work for a Kansas City mortgage company, you should understand that first-time home buyers have many preconceived notions of the loan pre-approval and home buying process. Committing to a Lender Obtaining a pre-approval letter from a lender does […]
Avoiding Mistakes as a First Time Home Buyer in Missouri
There are many missteps that can be made as a first time home buyer. Missouri housing inventory remains scarce and with interest rates so low, there is a lot of competition between prospective buyers. The following information contains helpful hints to guide you along the buying process. Your first step towards homeownership Researching home financing […]
Missouri First Time Homebuyers: Dos and Don’ts
Getting pre-approved for a loan and having the money to close the deal are always huge concerns for first time homebuyers. Missouri is currently one of the most affordable places to live in the U.S. With that being said, it’s no surprise that recent college graduates are flocking to St. Louis to settle down. There […]
Essential Tips for First Time Home Buyers in Missouri
For first time home buyers in Missouri, choosing the right home can cause an enormous amount of deliberating. Missouri is currently one of the most affordable places to live. With that being said, it only makes sense that these individuals are eager to get their hands on their future new home. There are so many […]
