Resource Articles

When you take a look around your home, you might find yourself considering a variety of home improvements and renovations. These ideas often serve two purposes: increase your enjoyment of your home and raise the property value for when it’s time to sell.

Post-closing is one of the most overlooked steps of the loan process for homebuyers, and it’s no wonder why. A good mortgage lender and title company will work behind the scenes to seamlessly complete the needed transfers and documentation. But that doesn’t mean you’re in the clear. By knowing what to expect after your home mortgage loan closes, you can take the necessary next steps to save money down the road.

The benefits of owning your own home are significant. For many, the idea of holding equity in their home, being able to renovate as they please, and a likely increase in square footage acts as a siren’s call luring them to homeownership.

Right now, there are more people searching for a home than there are people selling a home. That means that home inventory levels are low. A classic principle of Economics is that when something is scarce, its value rises. This is a simple explanation of why the current real estate market is a market favoring sellers.

For some time now, the real estate market has been a “seller’s market.” But market conditions inevitably come and go. So, what does this mean for you?

The homebuying process can be daunting. Whether it’s your first, second, or even fourth home, the process never gets less complicated. And all the complexity involved can tend to create some anxiety, especially when it comes to making an offer on your absolute dream home.