Is Buying a HUD Home Right for You?

So you’ve decided to buy a home.  You’ve researched your options, read up on what a HUD home is, and are now curious – is a HUD home right for you?  The decision to buy a HUD home can be very situational.  Let’s look at some common pros and cons to help you decide.

Benefits of Buying a HUD Home:

There are many pros to buying a HUD home.  If you qualify to buy a HUD home, you would be eligible for the following benefits:

  • Assistance from HUD with closing costs (this can be up to 5% of the purchase amount)
  • Faster closing if you’re using an FHA loan to buy the home, as these are already pre-approved.
  • Low deposits, making entry into the home market an affordable option to many.
  • HUD homes prefer buyers who will be living in the home over real estate investors more interested in flipping or renting the property.


Affordable High End Apartments

15 Cities for Affordable High-End Apartments

Everywhere you look these days you see apartment complexes popping up. It does not matter if you are in a poor neighborhood or a high-end neighborhood, multi-family rental buildings seem to be the choice for investors these days. Most of these complexes come with all the bells and whistles to attract tenants from all walks of life and all age groups, you will see them equipped with amenities such as fitness centers, yoga rooms, free breakfast, theaters, multiple pools, indoor basketball courts, VR golfing rooms, saunas, hot tubs, and the list goes on and on.  These places all look too expensive to afford but when you consider having access to these increasingly extravagant amenities these places seem like a great deal.


Look for Rental

What to Look for in a Rental Listing

It does not matter where you live whether it be in suburban areas, a city or small town;  nor does it matter if you are looking to live in a single-family house, townhome, condo, or an apartment there is always a commitment of time searching online or driving around finding the right place to call home. How do you know what to look for in a rental listing?


Most affordable cities for renters

Most Affordable Cities for Renters

Which are the most affordable cities for renters?  It would have been easy to just look at the lowest average rent payments and called it a day but we decided to take a deep look at over fifty of the largest cities in the US and scored them based on a number of factors including population, quality of life, affordability, unemployment, average income and many other factors . After all our hard work and research we are happy to share our findings for the most affordable cities for renters in the United States.  These cities may not be the lowest rent, but they are the most affordable when considering a number of key factors.


Home Search Tips

Home Searching Tips

Finding the right home to buy is not as easy as it seems. There are plenty of decisions to make far before ever beginning to look at homes for sale, and there are many factors that go into deciding to buy one home over another.  Here are some home searching tips to help narrow down and pinpoint the right type of home to buy and at the right price.


6 Best States for First Time Homebuyers

Saving up enough money to buy a home can be challenging for most anyone, but that burden is particularly heavy for first-time homebuyers. Just coming up with the whopping twenty percent down payment.  Over half of Americans do not even have one thousand dollars in savings much less fifty to eighty thousand lying around for a down payment.

The good news is you may not necessarily need the full twenty percent down if you are a first-time homebuyer.  The average down payment is more around eleven percent, and among buyers under the age of thirty-five, it is even lower at around eight percent.  However, even at eight percent in some areas like Los Angeles, San Francisco, or New York City eight percent is can still hover around forty to fifty thousand dollars.


Prepping to Buy a Home

If you are a buying a house for the first time, you must prepare for some additional, unexpected expenses. When buying a home, there are almost always additional costs you will incur that you had not thought about before buying.  We know you were excited because you found that ideal home at the right place in the right neighborhood with almost all those features you had on your checklist.  Be careful though because you do not want to end up paying a ton of money unexpectedly right after you move in.


4 Great Cities for First Time Homebuyers

Looking for a great city to settle down and start a family can be a hard task.  First-time homebuyers need security and long-term investment to feel comfortable buying.  As we all know, the housing market has its highs and its lows, and that is just the normal cycle.  There is always a stretch where the market rises, and we enter a seller’s market followed by a shorter stretch where the market tends to favor the buyers. This fluctuation in the housing market can make buying a home somewhat daunting for first-time homebuyers, especially when the real estate market is so hot.  First-time buyers are looking to buy in a city where they can settle long term, but often wonder if the market is too hot to buy.  So hot in fact that they are forced to look all across the country looking for a city with fair home prices and a solid job market.

mattress care

Mattress Care: Flip or Rotate?

You probably grew up thinking that flipping your mattress was the best way to prolong its life and help you stay more comfortable as you sleep away the nights.  Anytime the subject of mattress care came up, you probably heard this story repeated by family members and friends alike.  Surely that many people with the same suggestion could not be wrong, right?  Well, it turns out that flipping your mattress might not be the best thing for your health or your bed.


Rent-to-Own a Home in San Diego, CA

San Diego, CA is one of the fastest growing cities in the USA and is the second largest city in the great state of California.  There is no other place in the United States with a similar blend of culture, weather, and economic opportunity than beautiful San Diego, California.  No amount of text in an article can genuinely describe San Diego the justice it deserves; it is just one of those places you have to experience yourself.