Great credit allows people to get the best interest rates on various types of loans. Bad credit is usually the result of late bill payments, bankruptcy, foreclosure and loan defaults. Rebuilding your credit score can be a time-consuming affair and just because you have bad credit doesn’t mean you can’t buy a home. In this article, we review 3 alternative financing options for the home buyer that has...
Buying a home can be a long process, full of a number of different steps to be followed and things to be done. However, it can be incredibly rewarding once it is done and you are in possession of your new home. While many people want to simply relax after finally getting their new home, now often isn’t the time for relaxing. There are a ton of different things you will still need to do once you have...
If you are lucky enough to own a property with a garden, you will have no doubt made the most of it over the summer months; particularly as 2020’s ongoing corona virus crisis has confined most people to their own homes. However, a garden can have many more uses in addition to looking pretty and providing a playground for the kids. If you are considering putting your property on the market, for instance,...
According to recent reports, purchasing property is the more affordable option compared to renting a home in Spain. In 15 of the major cities, it is cheaper to cover the cost of a mortgage than to pay rent to a landlord. In none of the major cities did the cost of a home mortgage exceed 31% of the homeowner's household income. Also, in many cities, like Merida, the cost of renting is just eight percent of...
Buying a home can be an exciting time. Once you’ve found what appears to be the perfect home, the next step is the inspection. When you look at the home in person, use the list here to make sure you’re looking at everything with a critical eye. While you may want to have a professional inspection done and tests for radon and other potential issues, doing your own inspection first can help you see if...
Why Buy New Construction? The main reason people buy new homes is their novelty. No one has lived in the space, which provides a “clean slate” feeling that many buyers prefer. Buying during the build-out also means you’ll have the ability to customize features or finishes to your personal tastes. There is nothing like getting exactly what you want, whether it's a 200-bottle wine cellar built into...
It’s no secret that millennial are revolutionizing the real estate market. It can be a challenge to figure out how to appeal to this group of home buyers, who are just starting to settle down. Their motivations, financial situations, needs, desires and ambitions differ from preceding generations. In order for real estate agents and firms to capture their interest, they must understand what young people...
Lanzarote, the eastern most of the Spanish owned Canary Islands, is located just 80 miles away from the coast of West Africa and has been a hot favorite with overseas property investors for decades. Thanks in part to an extremely clement climate which delivers year-round rental returns – as well as offering a blissfully relaxing environment for anyone seeking a holiday home or...
When you’re in the process of paying off your mortgage, there is a lot to consider. When you’re paying off your mortgage, there are plenty of things to keep in mind. When you are at this point in your life, there are changes happening. Your financial situation will change because your mortgage payments will be freed up. To help you get started, here are 5 things to think about when paying...