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When Does It Pay to Rent, Even When the Numbers Say It’s Cheaper to Buy?

Buying a home may not be wise if your life is in flux or dealing with repairs frightens you. If you’re wondering whether you’re better off financially renting or buying a home, you can easily find an app for that. Calculators at Bankrate.com, The New York Times, Zillow and Realtor.com all let you input the…

5 Tips for Buyers to Have a Successful Home Inspection

How to get the right information in an inspection and use it in negotiations for your home purchase. Throughout the homebuying process, you will encounter a number of expenses including, but certainly not limited to, an appraisal, transaction fees and a survey – but none is more important than the home inspection. Dollar for dollar,…

Before you buy….

Before you buy a home – 1. Understand how much you can afford by determining your debt-to-income ratio and estimated payments (visit bankrate.com and tick “calculators” for an idea). Your first step should be to GET PRE-APPROVED by your mortgage lender or bank. 2. Understand the basics of financing and what you really can afford….

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