Pay Private Mortgage Insurance (PMI) or play the wait-and-save game? That’s the dilemma for a majority of would-be homebuyers. It’s rarely an easy (or fun) choice. The Dilemma Coming up with a 20% down payment can take years. With home prices increasing 5-10%...
Has your credit suffered a hit or two? Before you start thinking rentals, read this. What mortgage lenders are looking for You know all about credit scores and that, across the three big credit reporting agencies, scores can really fluctuate. Mortgage brokers and...
If you’ve been looking for a new home in Utah’s current market, you know pickings are slim. Most buyers know what a few gallons of paint can do. But if you’re willing to take on a couple of additional projects, you can turn that ugly duckling house into an...
The 2016 Census left no doubt that Utah’s population is growing statewide. In fact, it’s growing more than any other state. But what’s really interesting is where all the growth is occurring. Hint: it’s not Salt Lake City or even Salt Lake county. Utah County...
Mike and Georgia had looked for six months before they found their perfect townhome. Like many buyers, they were more worried about the sellers accepting their offer than they were about investigating the Homeowners Association (HOA). Turns out, the HOA almost...
The search for your dream home might seem long and daunting, but there are ways to streamline the process so you only tour homes that fit the bill. We’ve narrowed the list of questions down to just three. Write these down, and jump into browsing homes with Homie...
Woo hoo! You’re finally ready to look for that “starter” cottage or maybe there’s a condo that’s caught your eye. Buying your first home is exciting, but it can also be confusing and stressful. Homie de-mystifies the home-buying process, automates many of the...
The Federal Reserve has only raised interest rates twice in the past 10 years, but they’ve forecast three quarter-point rate bumps in 2017… and Janet Yellen just confirmed that the first hike will happen in March (predicted March 15th). What does this mean for...
With a recent home purchase under your belt, there’s no better time to assess how you can improve your finances and stay grounded. Here are seven tips that will make you wise to spending less—and tell you when spending more is actually wiser. 1. Emergency...
Picking the right home for your family means picking the right type of home loan as well. If you lack a huge down payment, you may qualify for and benefit from an FHA loan. Here with us is our very own real estate attorney Vanessa Clayton with a simple overview of...
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