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 […]
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 […]
If you haven’t heard yet, homebuyers are starting to regain some negotiating power in the current market. This shift means that negotiation tactics are becoming more important than ever. While this doesn’t necessarily make it a buyer’s market, it does mean buyers might be able to ask for a bit more. So, sellers should be […]
In the current real estate climate, securing a home has become a daunting task due to rising mortgage rates and home prices. This situation has sparked interest among many in exploring available grants and down payment assistance programs. However, finding a starting point can be overwhelming for prospective homeowners. A recent Bank of America Institute […]
Considering selling your Triangle area home but unsure due to the current market conditions? While affordability has seen some improvement, the market remains challenging. However, understanding your home equity might simplify your decision-making process. As described by Bankrate: Home equity is the difference between your home’s value and the amount you still owe on your […]