When you apply for a mortgage, lenders execute financial calculations to determine whether or not you qualify for a loan. Therefore, you should become familiar with the debt-to-income ratio (DTI) before buying your home. This formula will help you understand what lenders are looking for when approving loans and how to ensure your financial health […]
Anyone who has used a dating app knows that swiping right on a photo of someone means you would consider meeting them in real life to see if there is some real chemistry and the same could be said about viewing homes you like online. On the flip side, you can save yourself from rejection […]
There is no one definitive answer to the question of when is the right age to buy a home. Several factors such as income, expenses, marital status and children will all play a role in this decision. With that said, there are a few things you can do to get ready to purchase a home […]
Is it safe to buy a house without seeing the home first? Purchasing a home sight unseen can be tricky, especially in light of recent global pandemics. However! The decision is not as black-and-white as you may think. Considering there may come instances where buying sight unseen makes sense – particularly if you’re looking for […]
Purchasing a new home is a significant milestone in one’s life. It is, however, also a financial investment for the future. Although mortgage loan payments develop equity in the house over the period, people can make enhancements and adjustments to their property that can boost its value immediately and provide a significant return on the investment. With the increasing expenses […]