Future Homeowners Page 5

  • What Keeps Returning Service Members from Buying Homes?

    What Keeps Returning Service Members from Buying Homes?

    Everyone wants a place to call home, especially those in most need of a home: our nation's deserving veterans. In a recent survey from CENTURY 21, homeownership was cited as the most important thing to returning service members. More than 88 percent said that it made them feel safer, as well as established a sense of financial security and community. "Home ownership is a top priority for many, but it is especially significant to those returning from a tour of duty," said Rick Davidson, pr…

  • Your Guide to Buying a Home in a New State

    Your Guide to Buying a Home in a New State

    From selling your old home to closing on a new one, the VA loan process can be a whirlwind of paperwork and anxiety. But the new home search doesn't have to be stressful; there are people trained to help you along the way and make the entire process as painless as possible. Especially when done in the midst of relocating to a different state, these people become key supporters in the search. Though the distance can certainly pose problems, when done right – and in the right order – you'l…

  • How to Save With Solar

    How to Save With Solar

    When buying a home it's important to consider that home's energy consumption. After all, that utility bill isn't going to pay itself. Unfortunately, most home buyers don't even consider installing a solar panel system. Solar energy is the most abundant energy on the planet, as the sun continuously produces  173,000 terrawatts of energy. Solar panels reduce your energy bill, provide energy without the use of fossil fuels and are becoming cheaper to produce and install. The future of solar en…

  • Learn From the Overachievers: 8 Key Documents to a Speedy VA Loan Application

    Learn From the Overachievers: 8 Key Documents to a Speedy VA Loan Application

    We all know that type of person: Fifteen minutes early to every appointment, overpack for vacations, floss twice a day and have never misplaced their wallet or keys. You might be that person. And that's not a bad thing, especially if you're considering using your VA home loan benefits. When we were doing a hangout with CENTURY 21 recently, we received a host of great questions about the best way to prepare for applying for a VA loan. That made me think: Just a little prep work before you sta…

  • Ready to Renovate? Consider Your VA Cash-Out Refinance Options

    Ready to Renovate? Consider Your VA Cash-Out Refinance Options

    The VA Cash-Out Refinance is an excellent option for veterans who need some extra cash. The refinance, in effect, adjusts your interest rate and gives you the option of extracting money from your home's equity. Here's how it works: Let's say you still owe $100,000 on a $200,000 mortgage, and you want a lower interest rate. You also want $25,000 cash for home repairs. You can refinance the mortgage for $125,000. (That's $100,000 for what you already owe and $25,000 for the repairs.) This money…

  • On The Hunt for a Home: There Are Apps For That

    On The Hunt for a Home: There Are Apps For That

    Smartphone apps have become both social phenomena and useful tools with immediate accessibility. Apps aren't all fun and games, and Snapchat isn't the highest tier of smartphone apps. What's particularly unique about smartphones over other online devices is their effective use of geolocation, which allows for the targeting and tracking of your location through your phone. Your phone knows where you are, so you don…

  • Why Winter is the Right Time to Buy [INFOGRAPHIC]

    Why Winter is the Right Time to Buy [INFOGRAPHIC]

    The trees are losing leaves, the air is getting chillier and a cup of hot chocolate is calling. There's no doubt about it: Winter is coming. While you're nestled under layers of blankets, your homebuying dreams don't have to wait for spring. Check out this infographic about the perks of buying a home during the chillier months.

  • What The Experts Don’t Tell You About Increasing Your Mortgage Payment

    What The Experts Don’t Tell You About Increasing Your Mortgage Payment

    There's a fair amount of controversy over early mortgage plans and payments. Paying off your mortgage early comes with the psychological security of knowing you're in the clear. Mortgage debts tend to be the highest monthly payment for borrowers, and most people want to rid themselves of the financial sword of Damocles looming over head. But that sword has a double edge, and paying off a mortgage quickly isn't alw…

  • Should You Buy A Home Warranty?

    Should You Buy A Home Warranty?

    Read the Fine Print Before You Sign Up

    The marketing ploy is tempting to homeowners: buy a home warranty and repair issues like a broken heat pump or garbage disposal won't come out of your wallet. But as consumer experts warn, the reality is rarely that simple. "It's an industry that has seldom lived up to the hype of their marketing materials," said Clark Howard, consumer expert and author of "Clark Howard's Living Large for the Long Haul." "People have a very hard time getting the blanket coverage that's promised by the brochur…

  • What is Title Insurance And Why Am I Buying It?

    What is Title Insurance And Why Am I Buying It?

    Anytime you finance a home purchase — whether through a VA loan or a conventional mortgage lender — you're required to buy lender's title insurance as part of your closing costs. If you refinance, you'll need to buy lender's title insurance but not an owner's policy since the property isn't changing hands. Lender's title insurance protects the lender for the duration of the loan in case there's a titling issue such as a lien on the property or a boundary dispute with a neighbor. But what …