Browsing Tag

rent or buy

Buying a Home

What to Know When Moving From an Apartment to a House

October 13, 2017
New homeowner gazing out the window

Buying your first home is an exciting event! If you’ve been renting an apartment for years, there are a few things you should know when you make the transition to homeownership. Be sure to keep these simple facts and tips in mind as you embark on this next chapter in your life. Performing general maintenance When you buy a brand-new home, it’s not likely you will be making huge repairs or renovating on the weekends, but there are still maintenance tasks you will need to…

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Buying a Home

Cost Comparison: Rent or Buy

April 10, 2017
Couple calculating finances

There are many benefits to being a homeowner. From a purely financial perspective, there are tools to help determine the cost of renting versus buying a home. Comparing the cost of renting to buying usually depends on key factors, such as budgeted monthly rent, target home price, the length of time you plan to live in the home and what your mortgage rate would be. Estimating these values can help determine if buying is financially advantageous. In addition to the actual buying costs, it is…

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Buying a Home, Financing & Insuring

5 Signs You’re Ready to Buy a New Home Now

November 8, 2016
Couple holding keys to new home

Think you may be ready to write your last rent check or upgrade to that larger home you’ve had your eye on? Following are five signs that could indicate that now is the right time for you to buy a new home.   You have good credit. Your credit score can affect your ability to get approved for a mortgage and impact your interest rate. Generally, the higher the score, the better the rate. So, if you want to qualify for lower monthly payments, it’s…

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Buying a Home

A Guide to Our Free Homebuyer Guides

July 26, 2016
Image of several guides for homebuyers

At Richmond American, we love helping new homebuyers attain the dream of homeownership. And with nearly 40 years in the industry, we’ve learned a thing or two about the process! Perhaps you’re just beginning your house hunt, or maybe you’ve already decided on a floor plan and community. Regardless of your stage in the homebuying process, we have compiled worksheets, tools and checklists to assist you along the way. Check out (and download!) our series of FREE guides, designed to help homebuyers stay organized, informed…

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Buying a Home

Why Buy a Winter Home?

November 28, 2014

Whether you consider yourself a winter visitor, sunseeker or proud snowbird, if you head south for the winter, you’ll need a home away from home for weeks or months at a time. RVing and renting may be popular choices, but there are significant advantages to buying a vacation home of your own. RVing If you’re an impulsive traveler, especially one who loves the outdoors, you may be drawn to RV living. Any continental destination is just a road trip away and, with a minimum of…

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