If you’ve previously suffered from financial problems, you may believe there’s little chance to become a homeowner. Prior to the current mortgage industry melt down, an individual who filed bankruptcy could qualify for a home loan in just over a year. But today’s lending climate has made it nearly impossible to qualify for a loan with poor credit. Read More >

When you start checking out homes for sale, one essential feature is the location of a home. But you may be asking yourself what’s the fastest method to sort through neighborhoods which don’t live up to your criteria? If you’re searching around the local community where you live, you probably already have an area in mind. But if you need to relocate far way, you probably won’t be knowledgeable about the popular and not so popular places of town. Even if you’re just performing a local search, you’ll be surprised to discover new areas you may have overlooked. Read More >

As you search for a new home, it’s important to consider all the potential plans you may have in the future. Are you planning to start a new home business? Will your in-laws be moving in? Don’t make the major mistake of buying a home only to find out later a home business is prohibited, or the garage can’t be permitted for an in-law guest unit. Local zoning rules or city codes dictate what you can do with your home. It also wouldn’t hurt to check out what your neighbors are allowed to do with their property. Read More >

In the home buying process, you’ll want to incorporate an inspection contingency into your purchase contract. After the inspector has completed the inspection report, you’ll find out all the defects and problems a home may have. Read More >

If you’ve explored creative financing options, you’ve probably heard the term seller financing. Research has shown almost 10% of all residential property sold involves some kind of seller financing. One main feature to this kind of financing is the ability to negotiate many different terms. The only problem is you need to locate a seller open to this option. Your best bet is to search for sellers battling a large capital gains tax, who are experiencing trouble locating a qualified homebuyer, amenable to taking payments over time with interest, or open to increasing the purchase price to help you with financing. Read More >