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Homebuyers Frequently Asked Questions (FAQ)

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Preparation How to prepare for a home purchase? There are three main financial objectives you need to accomplish to prepare for a home purchase: Save money for the down payment, closing costs, and other home-buying expenses.  Maintain and improve your credit score. Reduce your debt-to-income ratio. These are the primary criteria that your lender will … Read more Homebuyers Frequently Asked Questions (FAQ)

Difference Between Home Insurance and Home Warranty

One of the common questions I get from working with my Buyers is a variation of “Is home warranty the same as home insurance?” The short answer is no. They are two completely different products that protect the homeowner-to-be against different risks. Home Insurance Home insurance, or homeowner’s insurance, is an insurance product that you … Read more Difference Between Home Insurance and Home Warranty

How to Check Your Credit Scores and Reports

One of the key factors that your lender will be evaluating when you apply for a home loan is your creditworthiness. To get ready for home purchase, you should check your credit scores and reports (there are three different credit bureaus). In this article, I will show you how to check your reports and scores … Read more How to Check Your Credit Scores and Reports