Sep 29, 2023 | Consumer News and Advice, Real Estate
By Jamie Wiebe Sep 26, 2023 (Getty Images) If you’re thinking of investing in real estate by buying a home and renting it out, there’s one term you’ll need to know above all else: “cap rate.” Cap rate, or capitalization rate, is the ratio of a...
Sep 28, 2023 | Consumer News and Advice, Home Buying 101, Real Estate
By Kimberly Dawn Neumann Sep 28, 2023 (Getty Images) When purchasing a new-construction home, most buyers prepare for the down payment, closing costs, and subsequent monthly mortgage payments. But one additional expense that sometimes gets forgotten in...
Sep 25, 2023 | Consumer News and Advice, Real Estate
By Jamie Wiebe Sep 19, 2023 (Getty Images) Home appraisals are a piece of the selling process where you may have to let go of the reins. Lenders often require the use of their own, FHA-approved home appraiser. That means you get zero say in who’s...
Sep 21, 2023 | Consumer News and Advice, Home Buying 101, Real Estate
By Lisa Marie Conklin Sep 12, 2023 (Getty Images) The current inventory crunch means finding a house within your budget is tougher than ever. But what’s that you say? You found a house that’s half-built and on the market at a bargain price? There are myriad...
Sep 19, 2023 | Consumer News and Advice, Real Estate
By Kimberly Dawn Neumann Sep 19, 2023 (Getty Images) If you’re thinking of buying a brand-new home, you might be wondering if securing a mortgage will differ from one for a previously owned property. While much of the financing works the same for homes both...