There’s no doubt that affordability is a challenge in today’s market. But that doesn’t mean you have to put your homeownership dreams on hold. If you’re open to a little home renovation work—or hiring someone who is—buying a fixer-upper in the Triangle Area could be a smart way to get into the housing market at […]
Tax season isn’t just about filing paperwork—it’s also an opportunity to take a step closer to homeownership. If you’re expecting a tax refund this year, it could be the perfect financial boost to help you buy a home. Whether you’re a first-time buyer or looking to make a move, here are smart ways to maximize […]
Thinking about buying a Triangle area home but feeling hesitant because of today’s mortgage rates? You might be wondering, “Should I wait until spring when more homes hit the market and rates might improve?” The truth is, no one can predict exactly where mortgage rates will go. And while waiting until spring might seem like […]
There’s a common misconception among some homebuyers that newly built homes in Raleigh lack the durability and quality of older homes. This unfounded belief may deter buyers from considering new constructions, which, according to Builder Online, offer compelling value: As resale inventory remains limited and the price spread between new and resale homes narrows, new […]
Should you jump into the Triangle Area market now or hold off? It’s a question many potential Raleigh homebuyers are asking. While your personal circumstances will play a big role in the decision, there’s one important factor to keep in mind as you weigh your options. Buying now means you start building equity right away. […]
Did you know that almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% take advantage of it? If you’re planning to buy a home, this is a gap worth closing—quickly (see graph below): Here’s what you need to know to make the most of your down payment in today’s housing market. […]
Since the supply of homes for sale is growing and mortgage rates are coming down, you may be thinking it’s finally your moment to jump into the market. To make sure you’re ready, you need to get pre-approved for a mortgage. That’s when a lender looks at your finances, including things like your W-2, tax […]
When you’re ready to buy a home in Raleigh, it’s crucial to plan for all the associated costs, not just the down payment. A significant part of your expenses will be the closing costs. Here’s a comprehensive look at what these costs entail and how you can manage them effectively. What Are Closing Costs? Closing […]
Retirement marks a period of relaxation, new adventures, and indulging in your passions. As you embark on this exciting phase, it’s crucial to reassess whether your current living situation still aligns with your needs. For many, a large home can become too costly or impractical during retirement. Downsizing could be a smart solution to enhance […]
Your credit score plays a pivotal role when you’re in the market to buy a Triangle Area home. It acts as a financial benchmark for lenders, determining your eligibility and the terms of your mortgage. As highlighted by the Mortgage Report: Good credit scores communicate to lenders that you have a track record for properly […]