Wednesday, November 24, 2021 / by Jordan LaFond
As you think about making a home purchase, whether it is your first home or one of many, you need to consider what type of home you can afford. Most homebuyers choose to finance a portion of their purchase since many Americans do not have the cash to buy a home outright. From market dynamics to interest rates, many factors contribute to the type of home you can finance. So, what exactly is buying power? Buying power at its roots is the available money you have each month to put toward a mortgage after your other debts have been paid off (i.e. car loans, student loans, rent, etc.) Keep in mind that your buying power focuses on more than just the sale price; you also need to factor in taxes, insurance, repairs, and other expenses related to owning a home.
Determining Your Buyer Power
Determining what you can afford from a lending perspective is based on many considerations. Gross income, debt, assets, credit score, and interest rates are the key factors your lender will look ; ...
Tuesday, August 31, 2021 / by Jordan LaFond
How to Improve Your Home's Curb Appeal in 5 Easy Steps
Have you ever driven by a house and thought, “Wow, that’s a really nice looking home?” There’s a phrase for that: Curb Appeal! Curb Appeal is a fancy way of saying how well one's home and surroundings look when viewed from the road. In this article, you will learn why curb appeal is so important and how you can increase your home's curb appeal without breaking the bank!
Why is it Important?
Curb appeal is the first impression that someone will have when looking at your home. You always want to leave a good first impression, and it is no different when it comes to your home! If your home isn’t appealing from the outside, buyers may assume that the inside will look similar.
Additionally, pride of ownership is one of the “not so obvious” things buyers are looking for when it comes to buying a home. Buyers want to know that a home has been well maintained by its current owne5 ...