Tag: homebuying basics
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The Power of the Rate: Afford More with Special Financing!
Read more: The Power of the Rate: Afford More with Special Financing!If you’re in the market for a new home, chances are you have a budget in mind. After all, a house is likely one of the largest purchases you’ll make in your lifetime. You want to make sure you only buy what you can afford… but what if you can actually afford more than you…
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Why & How to Pay off Your Mortgage Faster
Read more: Why & How to Pay off Your Mortgage FasterFor many homeowners, their mortgage is the single largest debt they’ll ever carry—and the one that sticks around the longest. While a 30-year mortgage is a common choice due to its lower monthly payments, more and more people are exploring ways to accelerate the payoff timeline and save some money in the process. Read on…
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The Benefits of Home Loan Prequalification
Read more: The Benefits of Home Loan PrequalificationWhile home loan prequalification isn’t mandatory, it offers numerous benefits that can make your homebuying process smoother, faster, and less stressful. Prequalifying helps to ensure that you’re better prepared and that you’re making informed decisions about your home search—helping you avoid costly mistakes and disappointment along the way. Read on to learn more.
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7 Tips for How to Buy Your First Home
Read more: 7 Tips for How to Buy Your First HomePurchasing your first home is a lot like running a marathon. It’s an extremely exciting and hugely rewarding journey that requires preparation, perspiration and perseverance. From saving for a down payment to choosing the right mortgage, the quest for homeownership is a major commitment that will necessitate your full attention. The more effort you put…
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The Value of New Home Specialists
Read more: The Value of New Home SpecialistsAt Richmond American, our team of New Home Specialists are seasoned house hunt navigators, and can get you on the right track as you embark upon your quest for your dream home. Whether you’re a first-time buyer or searching for your next abode to accommodate a lifestyle change, they’re ready to chat and help make…
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Eight Tips for How to Afford a House
Read more: Eight Tips for How to Afford a HouseWhile the journey toward homeownership can see the occasional obstacle pop up, there are numerous strategies that can help you learn how to afford a house. Whether you’re just starting your home search or seeking long-term affordability tips, the suggestions outlined in this article can help reduce both upfront costs and ongoing financial commitments. Read…
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Why Buyers Are Moving Away From Resale
Read more: Why Buyers Are Moving Away From ResaleNew home vs. resale. It’s a common comparison among house hunters. After all, it’s always wise to do a little research before making an important life decision. Although resales still appeal to some prospective buyers, certain concerns, like safety codes and energy efficiency, have many others opting for a brand-new home. Following are some additional…
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What To Put On Your House Hunting Checklist
Read more: What To Put On Your House Hunting ChecklistIf you’re looking for your dream home, it’s essential to identify all your specific wants and needs. That’s why creating a house hunting checklist with everyone you plan to live with is a terrific first step in the homebuying process! Doing so will enable you to discuss, pinpoint and search for all the features that…
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Eight Financial Wellness Tips to Help You Land Your Dream Home in 2025
Read more: Eight Financial Wellness Tips to Help You Land Your Dream Home in 2025The dawn of a new year is an opportunity for new beginnings, new adventures and new goals. If one of your goals for 2025 is to find and move into the home of your dreams, committing to financial wellness is an important first step to take. January is Financial Wellness Month in the United States,…
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Six Common Homebuying Myths Debunked
Read more: Six Common Homebuying Myths DebunkedBuying a home is one of life’s most exciting milestones, but it’s also a significant financial and emotional commitment. Unfortunately, there are many misconceptions surrounding homeownership that often confuse or even discourage prospective buyers from taking the leap. In this article, we’ll bust six of the most common homebuying myths, as well as take a…
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Know the Difference: Home Warranty vs. Home Insurance
Read more: Know the Difference: Home Warranty vs. Home InsuranceA home warranty is a great perk when you buy a new-construction home (and sometimes even a resale!) but do you know how it differs from home insurance coverage? Knowing who to call about a home issue can put you on the fast track to getting it addressed ASAP!
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Advantages of Buying a House in Winter
Read more: Advantages of Buying a House in WinterIf a new home is currently on your wish list, you may be planning to start your house hunt in the new year. After all, spring and summer are typically the most popular seasons for homebuying. However, we encourage you to buck that trend and consider purchasing your new abode before December comes to a…
