Buying a home will likely be one of the biggest financial transactions you make in your lifetime. Preparing your budget beforehand will surely help reduce the stress. My name is Kim Rievley with RE/MAX Real Pros and I’ve compiled a few tips that can help you get your budget in order before you make the…
Congratulations! The seller has accepted your offer, everything looked good during the inspection, and the closing date quickly approaching. But not so fast! The deal isn’t done until the documents are signed. Here are five common closing mistakes to avoid when buying a home. 1. Don’t mess with your income-to-debt ratio Your debt-to-income ratio is…
Thousands of adults aged 25 to 34 are flocking toward the suburbs. One of the top cities to make the list was our very own Riverside, California. Researchers have long concluded that millennials have a unique love of cities due to night life, subways, and general trends. However, more and more evidence suggests that this…
With rising home prices, buying a home isn’t easy especially if you’re considering moving to a metropolitan area like Los Angeles which has a median price of $569,000. However, you’re free to breathe a sigh of relief because the mortgage industry has positive changes ahead. Government-controlled mortgage giants Fannie Mae and Freddie Mac are paving…
Chances are that buying a home is going to be one of the biggest transactions of your life. In order to demystify this daunting process and get the most out of the purchase, let’s take a look at a few things you should consider before you buy, during the process, and after you close. Determine…