Are you interested in living the American dream and purchasing a home? Banking institutions and lenders want to know a person's credit score before lending money for major loans, including home mortgages.
Know how credit score and credit history can impact the home buying process and how potential applicants can get started on improving their credit score today.
Why Does Credit Score Matter?
Homeowners should be aware that a credit score can be a main factor in determining eligibility for various types of home mortgage products, whether they're in areas like Franklin or elsewhere. An applicant's credit score shows a lender a history of making payments, current debt and the approximate level of risk that they may assume when approving an
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Before you consider picking up a hammer or a paintbrush to tackle even minor home renovations, ask yourself an important question: Do I want to dwell or sell?
Sustainable building practices are the key to creating environmentally-friendly homes that can help reduce the eventual owner's carbon footprint and also help them save money on energy expenses. The basics of sustainable housing range from ensuring energy efficient designs that consider home orientation, flexibility, size and using Eco-friendly materials whenever possible. Here are some things to consider when it comes to effective green Nashville home building practices.
When you are engaged in a transaction as large as the sale of a home, you need to make sure that you have all your bases covered. A lot goes into the process of selling a Nashville condo or house: You've made agreements with your buyer when it comes to things like closing costs, you've negotiated contracts and inspections and appraisals, and now the sale has gone through. However, is there a chance that your profit will be reduced at the end by capital gains taxes?
Everyone seems to be into home automation these days. Sellers often want to know if their home would be more appealing if it had some smart technology. Here’s how to decide whether or not to add a few tools to your home as a benefit to buyers.
Thinking about selling a condo? A wide range of buyers are being attracted to condo living in metropolitan regions across the country, and for condo owners willing to sell, it can be potentially profitable, as people of all ages and walks of life can find the low-maintenance, urban lifestyle of condo living to suit them perfectly. They may be looking to downsize both their available space and the hassles of performing maintenance on a home.
Homeownership comes with many benefits, however, those benefits come with their own responsibilities that homeowners should continuously be aware of. During the wintertime, keeping the warm air in and the cold air, snow, and ice outside takes planning. These aspects of the home call for additional preparation as the weather turns cool.
Although homeowners are not required to refinance the mortgages on their homes, many people choose to do so after a few years. Refinancing a mortgage can allow homeowners to eliminate private mortgage insurance, lower their interest rates, or make a plan to pay off the mortgage sooner than the original loan. Although the home purchase is already secure, people may discover that refinancing is a little like obtaining a mortgage. Here's the process homeowners will likely follow as they pursue refinancing, with some advice to make the experience a bit easier.
Everyone wants to save money, right? And most people are concerned about the future of energy—and the future of the planet.
Are tiny houses the trend of the future? Are micro apartments even livable? What does the future hold in terms of size and price?