Bullas

REAL ESTATE

Bullas

House

BUYING A HOUSE 

First-Time Home Buyer Steps: A Guide on How to Buy a House

[email protected]_84 , , , , , ,

The steps to buy a house might seem complicated—particularly if you’re a first-time home buyer trying to purchase real estate for the very first time. Between down payments, credit scores, mortgage rates (both fixed-rate and adjustable-rate), property taxes, interest rates, and closing the deal, it’s easy to feel overwhelmed. There’s so much at stake with a first home!

Still, if you familiarize yourself with what it takes to buy your first home beforehand, it can help you navigate the real estate market with ease. So let’s get started!

In this step-by-step guide, you’ll learn what it takes to buy your first home, from beginning to end. Whether it’s your first time in the real estate market or you’re an experienced homeowner who wants to brush up on your skills, this list has you covered.

Step 1: Start gathering a down payment

The very first step every first-time home buyer should

… Read More Read more
BUYING A HOUSE 

How to Buy a House With No Money Down in 2020

[email protected]_84 , ,

Borrowers curious about how to buy a house with no money down should know that no-down-payment home loans exist. There are low-down-payment options, too. You can even use first-time homebuyer down payment assistance programs to help cover your loan expenses.

What is a zero-down mortgage?

A zero-down mortgage is the same as buying a house with no money down, meaning the lender provides 100% of the financing. No-down-payment home loans are difficult to find because lenders generally prefer borrowers to put some money down to offset the risk of default. Homebuyers — especially first-time homebuyers — may be able to take advantage of local assistance programs to cover their down payment. Combining assistance programs with low-down-payment mortgages can result in little to no down payment if you qualify.

No-down-payment home loans

We’ll take a look at your options for buying a house with no money down, as well as what

… Read More Read more
BUYING A HOUSE 

Is Buying a House Worth It? 9 Reasons Why the Answer Is: ‘100% Yes!’

[email protected]_84 , , , ,

Buying your first house takes gumption. You resist splurging on Insta-worthy vacations to save for a down payment. Then hold off on converting those savings into stocks for the latest plant-based start-up your cousin raves about. You fight every temptation in hopes of joining that glorious homebuyers’ circle, and just before you pull the trigger, you stumble upon an infographic telling you renting is actually cheaper — is this struggle even worth it?

The short answer is: yes. We’ve got a long answer for you, too (it even touches on the perennial own vs. rent debate). Here are nine benefits to homeownership that make buying a house totally worth it:

1. Grow with a local community

When you buy a house, you’re not just another tenant swinging through a rental’s revolving door. You’re tethered to a location, tied to a community.

“Buying a home gives you roots. You meet a

… Read More Read more
CONTRACTOR 

Progressive House Democrats urge Biden against Defense chief with contractor ties

[email protected]_84 , , , , , , , ,

A pair of progressive House Democrats is urging President-elect Joe BidenJoe BidenBrewery launches new Biden beer described as ‘inoffensive and not too bitter’ Deb Haaland says ‘of course’ she would serve as Interior secretary under Biden State Department won’t give Biden messages from foreign leaders: report MORE not to nominate a Pentagon chief who has previously worked for a defense contractor.

“Respectfully, and in full agreement with your past statements, we write to request that the next secretary of Defense have no prior employment history with a defense contractor,” Reps. Mark PocanMark William PocanCutting defense spending by 10 percent would debilitate America’s military Progressive lawmakers call for United Nations probe into DHS ‘human rights abuses’ The Hill’s Morning Report – Sponsored by Facebook – Barrett touts independence to sidestep confirmation questions MORE (D-Wis.) and Barbara LeeBarbara Jean LeeProgressives unveil Biden Cabinet wish list Pressure grows on California

… Read More Read more
BUYING A HOUSE 

How To Buy A House Without A Realtor

[email protected]_84 , ,

Buying a home without a real estate agent can save you money on commissions and allow you to shop on your own timeline. Here’s the process you’ll go through to buy a home without a buyer’s agent.

Step 1: Get Preapproved For A Mortgage

When you buy a home without a real estate agent, the first thing you’ll need to do is get preapproved. A preapproval is a way to find out what you can afford so you don’t shop for homes outside your budget. It’s also a way to show sellers you’re serious when you’re making an offer; preapproval shows that your financing won’t fall through.


You can use Rocket Mortgage® to get approved online and see how much you can afford. Just answer some questions about your income, assets and the home you want to buy. Then, we’ll check your credit to give

… Read More Read more
BUYING A HOUSE 

6 Critical Things to Look for When Buying a House

[email protected]_84 , ,

While everybody knows that buyers shop based on price range, there are many additional considerations to make when looking for a home. And, most buyers end up refining their criteria once they start touring homes. Ultimately, your home criteria should depend on your personal lifestyle and needs. Regardless of what you’re looking for, here are some general rules you should follow to make sure you’ll be happy with the home you buy for the foreseeable future.

What are the top features buyers look for in a home?

Today’s buyers are juggling many different priorities when it comes to buying a home, but according to the Zillow Group Consumer Housing Trends Report 2019, here are the features that rank as very important or extremely important to most buyers.

Neighborhood wants and needs for buyers

  • Safety: 82% say a neighborhood that feels safe is very or extremely important
  • Walkability: 60% say it’s
… Read More Read more
BUYING A HOUSE 

Best Time to Buy a House: Best Month, Season and Why?

[email protected]_84 , , , ,

In general, there are three ways to evaluate the best time to buy a home:

  1. Best month: In every real estate market, there’s always a best month to buy a house or best season to buy — even in a down market.
  2. Best year for market and economy: Broader market trends, the state of the economy and your local job market can also dictate a better or worse time to buy.
  3. Best time for you: Market characteristics aside, you should plan to buy when it makes sense for your personal finances and moving timeline.

When is the best month to buy a house?

Late summer is the best season to buy a house if you want a shopping experience with enough inventory to find a home you love, while benefiting from sellers lowering prices before the fall. Therefore, the best month to buy a house is August.

Generally speaking, buyers

… Read More Read more
BUYING A HOUSE 

Ultimate Checklist for Buying a House

[email protected]_84 , , ,

Most Americans consider buying a house as a significant life goal. Homeownership offers stability and a sense of security and safety and for some, it is an essential rite of passage into adulthood. As you pursue your dream of homeownership, it’s crucial to understand the many moving parts to the home buying process and protect yourself from the risk of becoming “house broke.” This ultimate checklist for buying a house will help you cover all your bases.

buying a house checklist

1. Know how much you can afford

Determining how much house you can afford is the first step in the buying a house checklist – getting this number set will relieve stress in the long run. Start with your current budget and calculate your monthly income and expenses. Don’t forget to take into consideration the price variance in different locations. For example, a home in Anchorage, AK has a lower median sales price

… Read More Read more
BUYING A HOUSE 

What Buying a House “As Is” Really Means

[email protected]_84 , ,

house

Moviestore Collection/Shutterstock

You found a house in your dream neighborhood. It has the right number of bedrooms, bathrooms and a nice backyard. It’s just what you were looking for.

Then you learn it is being sold “as is.” That house that seemed so perfect now seems a bit frightening.

Follow these 100 tips when buying a house.

Selling as house “as is” basically means the seller will make no repairs or improvements and is selling the house in its current condition, according to realtor.com. In many cases, the houses are “as is” because the seller can’t afford to make the improvements.

Learn how to inspect your home like a home inspector.

“Once you buy that house, it’s yours and you’re pretty much stuck with whatever decision you made, so you really need to be very educated and thorough about what you’re doing,” said David Tamny, owner of Professional Property Inspection

… Read More Read more