If you’re thinking of buying a home, one of the first questions you may ask is “Can I qualify for a home mortgage loan?” There are a number of factors that determine the answer, such as your employment history (including length of time at your current job), your debt to income ratio (how much you owe compare to how much you make), and the amount you have for a down payment. But perhaps the biggest factor in determining your loan eligibility is your credit score.
There are actually a few different types of credit scores. The score used by the mortgage industry is your FICO score, which for housing loans ranges from 300-850. This range is broken into categories ranging from “Excellent” to “Bad”.
Photo Credit: Credit Sesame
The obvious question is “what credit score is needed to buy a house?”
Unfortunately, the answer isn’t as obvious. Continue reading
Your home is a reflection of you, whether you realize it or not. In particular, how you decorate gives your guests a glimpse into your personality. What first impression do people get when they walk into your kitchen? There’s one feature that says a lot, and it’s not those mute walls … it’s the floor!
What does your kitchen floor say about you?
I’m out of debt, and I’m now saving for a down payment on a home. It’s always been my dream to be a homeowner. But lately, I read a lot of arguments against buying a home in favor of renting. How do I know if it’s a good idea for me? Should I buy or keep renting?
Hopeful Homeowner Continue reading
July 4th, America’s Independence Day, is traditionally celebrated with flags, family gatherings and fireworks. Of course, there’s nothing wrong with taking your love for America to the next level and sharing that admiration with all your neighbors.
You could go all out with American flags…
Or get high-tech with a patriotic image projection…
Ahh July 4th! A time to BBQ with friends, soak in the sun at the beach and raise a toast in honor of the brave Founding Fathers and Mothers who gave the big heave ho’ to King George III. This year, why not truly celebrate our nation’s independence by visiting one (or all!) of these Revolutionary War era homes?
Marketing is the cornerstone of success for any business, especially home inspectors. But it’s smart marketing that that can really elevate your business. That means being timely, relevant and personal. Whether you are new to the industry or consider yourself a pro, everyone can use help getting his/her name in front of real estate agents.
Being qualified, responsive and objective is absolutely required, but what is the secret sauce to effectively marketing yourself to real estate agents? Here are 10 easy and effective ways to market to agents plus a FREE marketing flyer (click to download)!
If you’ve ever been in the market for a used car, you probably know about Carfax. For $39, Carfax will sell you a detailed report on a car, based on its VIN — vehicle identification number. This can be invaluable when you are considering the purchase of a car that has been through a traumatic event, such as a major collision or flood.
Wouldn’t it be nice if there was a similar service for home buyers? There is. It is Housefax.com. Housefax reports are available nationwide and cost $29.95 for consumers. Professional plans are available too.
Most of us take a “fix and forget it” approach to insurance. But insurance isn’t a crockpot dinner. Unlike Aunt May’s mouthwatering beef stew, insurance isn’t something you can just prepare, let simmer, and then return to when you’re ready to eat (or file a claim).
June 28 is National Insurance Awareness Day, the official annual reminder to review all your insurance policies for adequate coverage, changes in policy, and maybe even a pricing comparison. Whether you take advantage of this holiday or not, it’s important to take a look at your policies at least once year to make sure you have adequate coverage.
With regard to home insurance, in addition to an annual review, you should also revisit your home insurance coverage on these occasions: Continue reading
It’s officially summer! And there’s nothing better than a great American cross-country road trip: soaking in the nation’s majestic beauty, eating in tiny roadside diners, driving 150 miles out of the way to take a selfie in front of… a 30 foot bowling pin?!
That’s right! We’ve compiled this list of the world’s largest (and weirdest) roadside attractions in each state. How many have you visited? And, which do you plan to see this summer? Tell us in the comments below!
There are hundreds of articles dedicated to helping seller’s agents get their listings ready for home showings. Seller’s agents can use these resources to learn how to stage a house, the best ways to market a home using new channels like Snapchat and even how to create a signature house scent. But what about buyer’s agents? Here are 5 tips that will help you prepare for your next buyer’s tour while impressing clients with your property knowledge and market expertise.