Selling a home is already a major undertaking, but when there’s a lien on the property, the process can get more complicated. A lien is essentially a legal claim against your property due to unpaid debts, taxes, or judgments. If you’re asking, “Can you sell a house with a lien on it?” the short answer […]
Key takeaways:
First-time homebuyer: Anyone who hasn’t owned a primary residence in the past three years
Common first-time homebuyer qualifications: Credit score, debt-to-income ratio, down payment, income limits, employment history, purchase limits, homebuyer education
Buying your first home? It’s an exciting time, but before you start dreaming about moving […]
Scrolling through home listings, you might come across some that are tagged as “Active offer no bump.” If you’re caught wondering, “What does active offer no bump mean? Can I still make an offer on this home?” The short answer is, yes. However, there are some serious considerations to take into account before you do. […]
Which loan is right for you?
Conventional loans: You have a credit score of 620+, stable income, and can put at least 3% down.
FHA loans: You have a credit score of 580+ (or 500+ with 10% down) and a higher DTI ratio.
VA loans: You’re […]
After weeks and weeks of searching for the perfect home in Seattle, WA, you’ve found yourself looking up at the Holy Grail of houses. It checks all the boxes – plenty of storage, a backyard, walking distance to shops – but your Redfin Real Estate agent tells you that it’s located in a master-planned community. […]
Key takeaways: A cash offer on a house means the buyer pays the full purchase price upfront without relying on mortgage financing. Buyers making cash offers gain a competitive edge and can often negotiate better terms or pricing. Even without liquid funds, buyers can explore bridge loans, private lenders, or creative financing to structure a […]
Making an offer on your dream house can be very exciting and simultaneously quite nerve-wrecking. In today’s competitive housing market, it’s not just about the price — it’s about presenting yourself as the most appealing buyer. Whether you’re a first-time buyer looking for a home in Birmingham, AL or a seasoned investor on the hunt […]
A jumbo loan, or jumbo mortgage, is designed for homebuyers purchasing high-priced properties – whether that’s a luxury home in Charlotte or a condo in a city like San Francisco where home prices exceed standard loan limits. Because these loans go beyond the limits set by the Federal Housing Finance Agency (FHFA), they follow different […]
Buying a house is one of the biggest financial milestones you can reach but how soon can you realistically get there? If you’ve ever wondered “how old do you have to be to buy a house?”, the answer might be both simpler and more layered than you expect. The legal age to buy a house […]
Queensland may be better known for its swimming pools than its fireplaces, but with snow on the horizon – yes, snow – the owners of these homes might just get the last laugh. A polar air mass could settle directly over South East Queensland within days threatening to bring hail, heavy rain, damaging winds and […]