Especially Helpful if you are a first-time home buyer Q. I’m thinking about buying a home. Where do I start? A. The first step for those considering buying a home is a credit check. It’s always a good idea to keep an eye on your credit reports so you can spot any mistakes and dispute them […]
All posts by Jason Opland
Avoid Paying Taxes When You Sell Your Home
With the right knowledge, information, and patience, you can completely avoid paying taxes on the gain from the sale of your home (or a rental property or vacation home) — stick the gain in your pocket and thumb your nose at Uncle Sam. How It Works Under current tax rules you are allowed to sell a […]
What is a Good Credit Score and What Do You Need to Buy a Home?
No number is more important to prospective home buyers than their credit score. Simply put, these three digits are a numerical representation of your existing debt, and your track record paying off these debts, everything from credit cards to college loans. If you’ve applied for a mortgage to buy a home, lenders check your credit score. If it’s high, […]
When is the Best Time of Year to Buy a Home
New National Maps Show How Neighborhoods Shape Children for Life
Research has shown that where children live matters deeply in whether they prosper as adults. On Monday the Census Bureau, in collaboration with researchers at Harvard and Brown, published nationwide data that will make it possible to pinpoint — down to the census tract, a level relevant to individual families — where children of […]
Home Values: An Explanation On Pricing
Setting the right price from the start is among the most important steps toward successfully selling your home. This requires taking an indepth look at what other similar houses are selling for to determine the market value of your home. Market Value Your house has many values to the tax assessor, your lender and insurance […]
Tips For Condo Buyers
Everyone knows there’s a big difference between renting an apartment and buying a home but not everyone realizes that buying a condo is significantly different from buying a single-family home. There are many good reasons to want to live in a condominium, but the buying process can be a minefield of potential disasters to the […]
Who Pays the Real Estate Agent
Most home buyers and sellers work with a real estate agent, and the agent charges a commission. How much is the commission, and who pays it? The answer in both cases is: the terms are set in the listing contract the seller signs. Typically the buyer and the seller each have their own agent, and the […]
10 Questions to Ask the Lender When Applying for a Mortgage
Preparing to buy a home? We encourage buyers to ask prospective lenders these 10 important questions at or prior to mortgage application. (1) What are your qualifying guidelines? Ask about requirements relating to your income, employment, assets, liabilities and credit history. Qualifications for 1st-time homebuyer programs, Veterans Affairs loans and other government-sponsored mortgages are typically less stringent. […]
Home Inspections
Suppose you bought a house and later discovered, to your dismay, that the stucco exterior concealed a nasty case of dry rot. Or suppose that when you fired up the furnace in the winter, you discovered a cracked heat exchanger leaking gas into your home. The best way to avoid unpleasant surprises like these is […]