What Hurts Your Credit?

Tammy Gordon, Real Estate Consultant
The first thing you’ll want to do, before anything else, as far as updating your address goes, would be to put in a request for an address change with your post office.
Dave Ramsey is financial guru whose advice has saved millions of people vast amounts of money. For a first time home buyer the house hunting process is often romanticized. It is a rite of passage of sorts. It is important though to think of a few key things before starting the process of buying a home. Fortunately Dave Ramsey has some first time home buyer tips to ensure that mistakes that could be costly are avoided.
Purchasing a house that needs some TLC can be a good investment—if the needed repairs aren’t too costly. While some fixer-uppers can come together with a coat of paint and a few small repairs, others may be harboring spendy secrets that could put you way over.
In a seller’s market, it may not be a good idea for buyers to bargain hard on the price of a home—but there are some concessions that might make your life easier and reduce the strain on your bank account.
Buying a home is exciting and terrifying. After all, this is the biggest financial move most people ever make. As such, there’s a lot of room for error, and even tiny mistakes can translate to tens of thousands of dollars.
The lesson here: Even the most intrepid home buyer should get some guidance not only on what to do, but also what not to do. Look no further than this list, which highlights the most common mistakes buyers make so you can avoid the same fate.
Buying a home sight unseen might seem like a massive gamble. But if we’ve learned anything over the pandemic, people are willing to roll the dice to become homeowners. Here are some tips if you’re ready to buy and don’t need—or can’t have—that in-person experience.
In a vote of confidence in the nation’s strengthening economy, the majority of the Federal Reserve members now anticipate raising the interest rates twice in 2023. And while this wonky monetary projection may sound like a long way off, it could have a real impact on today’s overheated housing market.
In response to the news, mortgage interest rates could tick up a little in response. This could result in the scorching-hot and ultracompetitive real estate market softening just a touch.
whole lot of people have moved in the past year—you probably know a few who have recently purchased a new home or are settling in to a new apartment. And if they plan on hosting a housewarming party to celebrate their new pad, it’s only natural for guests to want to bring a gift.
But before you bust out that baking sheet to make a batch of your famous welcome-to-the-neighborhood cookies, think twice. In this not-quite-post-pandemic period, housewarming gifts that were once considered appropriate may no longer be a good idea. Instead, think of gifts that pose no risk of spreading germs or promote sanitary practices in the home.