March 2017

Found 3 blog entries for March 2017.

Balancing Home Budget Spring is usually the time of the year when people think of cleaning their homes and removing the clutter and cobwebs left over from the winter. For people who are considering making the leap to homeownership during the year, spring offers a good time to take a good look at their finances in anticipation of signing a contract for their dream home.

Here are some ideas designed to solidify the financial footing of potential homebuyers this spring. 

1. Apply a Strategy to Your Tax Refund

Millions of Americans look forward to a windfall that happens each year. Otherwise known as a tax refund, for the majority of people who receive one, the extra funds are treated as fun money and spent on things like vacations, nice meals out and

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Buying a house is a big event for most people, and it can be both joyful and stressful at the same time. Depending on the house that is chosen, there could also be hidden risks to look out for. Before buying, it's a good idea to look for clues that the house has been 'flipped.' This is done when people who buy and sell houses (generally investors) purchase a home that needs a lot of work, make upgrades, and then resell the home for a profit. Depending on how the work was done, though, some of these homes may not be up to the standards a buyer would hope for.

Flipped Homes Can Be Great Choices

Not all flipped homes are risky. Many people who flip homes understand that they can get a bad reputation and harm their business if they fail to do

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Home buying can be stressful and confusing to people who are new to the process. There are fees, there are legal terms, there are inspections; for prospective homeowners, and especially for first-time prospective homeowners, it's easy to get overwhelmed by just how much information is out there. Asking the right questions can help first-time home buyers get through the experience with less trouble and stress. 

What are the common expenses associated with home buying?

The most common expenses associated with home buying include:

  • Earnest money. Earnest money is often around 1-2% of the sale price of the home, although the exact amount can vary. Earnest money is placed into an escrow account and held as a deposit on the home throughout
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