Renting Versus Buying a Home: The Upfront Cost and Other Financial Differences When it comes to housing and deciding on renting versus buying a home, there are pros and cons to both. Understanding the financial differences between the two options can help you make an informed decision about which is the best choice for you…. [Read More]
Helpful Tools For Home Buyers
Gone are the days of searching through local newspapers for listings or driving around for hours looking at homes you would have passed on, only if you saw the photos first! Today there are a huge number of tools for home buyers at our fingertips and from the comforts of our home! From your phone… [Read More]
Benefits of Buying Now
If you’re reading this post you are at least are in the right mindset and are considering buying a home, which is a great place to be! You are also looking to see what the benefits of buying a home now, vs waiting. And you are also likely very hesitant due to recession fears, interest… [Read More]
What is an appraisal gap?
When purchasing a home and using financing through a mortgage loan, the lender of that loan will require an appraisal. This is typically performed following the seller accepting the buyers contract. The lender orders and schedules the Appraisal and the cost is typically paid for by the Buyer in their closing costs. The appraisal ensures… [Read More]
