If you’re in the market for a new home, getting a mortgage is par for the course, unless you’re able to pay for the property in cash. Having an understanding of important real estate terms helps to make the home buying process easier. Once you have a handle on the real estate lingo, we recommend reviewing the various types of mortgage loan options.
While there are many types of mortgages, here are some of the most common you may encounter, especially as a first-time homebuyer.
Popular Mortga...Moving can be a stressful situation for all members of the family, both human and animal. But while you know the reason for packing up all your belongings and moving into a brand-new space, there is really no way to explain it to your dog.
Dogs are very much creatures of habit and routine, so something as big as moving into a new home can be the catalyst for some understandable anxiety. The change can be especially stressful if your dog has only ever lived in one place for his entire life.
...Whether you’re looking to start a greener, more sustainable lifestyle or simply want to cut back on your waste, the kitchen is the perfect place to start. And it doesn’t take a whole lot of effort, either! These zero waste kitchen swaps are easy to make and are ideal for beginners. You might be surprised at just how easy it is to make your kitchen a little eco-friendlier.
Eco-Friendly Kitchen Swaps
Reusable Bags
Depending on where you shop, you may already be required to BYOB (bring your own...Before you make the big investment of a new roof, you might be wondering what kind of roof will work best with your home. Metal and asphalt roofing are both popular choices. However, there are many factors to consider before committing. To make this process easier, we’ll look at these two popular options for roofing so you can decide which one is right for you.
Metal Roofing
Once reserved for commercial buildings, metal roofs have now become the second most popular type of roofing material i...
Whether you’re looking to buy a home or are currently a homeowner, taxes can be a large factor in how much you pay for your home. Real estate tax, sometimes also called property tax (not to be confused with personal property tax), is based on your immovable property—your land, your home, and other structures that are affixed to the ground. Usually, property taxes are either paid directly to your local tax assessor or with your monthly mortgage payment.
But how are your real estate taxes calc...Are you thinking about buying or selling a home in the near future? For those who are new to real estate, the industry lingo can be confusing. Taking the time to understand some of the most common real estate jargon will help prepare you throughout the buying and selling process.
Here are some of the most common terms you may encounter and what they mean:
Appraisal
An appraisal refers to the estimated value of a property/piece of real estate. During the home buying process, a mortgage lende...You may remember what you paid when you first bought your home, but do you know what your home is currently worth? Knowing your home’s estimated market value is important if you’re looking to buy, sell, refinance, or tap into your home’s equity.