A significant number of people are self-employed, which means they might be relying on this income to apply for a mortgage. It is true that people who are self-employed may face additional challenges when trying to get approved for a home loan when compared to someone with traditional W2 income, these are obstacles that can be overcome. With the right qualifications and documentation, even first-time homebuyers who are self-employed should be able to qualify for the home loan they need. Lenders Assess Someone’s Ability To Repay The Loan First, lenders are trying to make sure the person … [Read More...]
The thrill of purchasing a new home is unparalleled; however, once you close on the sale, the dreaded unpacking process begins. You probably did not realize just how much stuff you had until you had to pack it all up. Worse yet, you need to unpack it when you get to your new home. If you don’t unpack intelligently, your new home could end up disorganized and full of clutter. With this in mind, how can you unpack without leading to a tremendous amount of clutter in your home? Get Rid Of Items You Do Not Need As you go through the boxes, ask yourself if you are actually going to need the … [Read More...]
Last week’s economic reporting included readings from S&P Case Shiller Home Price Indices, the National Association of Realtors®' report on pending home sales, and the University of Michigan’s final consumer sentiment index for September. Weekly readings on mortgage rates and jobless claims were also released. S&P Case-Shiller Reports 4th Consecutive Month of Record Home Price Growth July Home Prices grew at a year-over-year pace of 19.70 percent as compared to June’s home price growth rate of 18.70 percent according to S&P Case-Shiller’s National Home … [Read More...]
With the season of jack-o-lanterns and crunchy leaves under foot, there can't help but be plenty of ways to integrate the loveliness of autumn into your home decorations. Whether you're looking for a simple touch or a statement that will completely define a room, here are a few ideas for highlighting the best the fall has to offer. Showcase a Seasonal Bouquet A vase full of flowers can add a lot to any room in the house, but a great way to integrate the season outside with your home is to make a bouquet that will utilize the best of fall's vegetation. Instead of opting for the usual bright … [Read More...]
A lot of potential buyers have a set number of bathrooms they need in their homes. Therefore, one of the possible ways to increase the value of a home is to add more bathrooms. It is possible to add a half bath to some homes. Even a small bathroom on the first floor can make a home significantly more attractive. At the same time, adding a powder room is not necessarily the best renovation project for all homeowners. What do homeowners need to think about before adding a powder room to the home? Consider The Space In The Potential Powder Room Even though powder rooms do not take up a lot … [Read More...]
There are many people who are thinking about listing their homes, but they need to make sure they get as much money for their homes as possible. This could mean making a few upgrades and repairs around the home. There are some situations where it might be possible to DIY these projects, but there are other situations where it is better to call a professional, or CAP. When should homeowners take which path? Learn more below. Painting And Light Work Could Be DIY First, anything that is simple or easy around the home needs to be a DIY project. For example, if there are a few spots that need to be … [Read More...]
