How Much Is Your Home WORTH?

Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Sed molestie, velit ut eleifend sollicitudin, neque orci tempor nulla, id sagittis nisi ante nec arcu.

Get your Home Value report

Budgeting tips for new homeowners

Congratulations on your new home! Here are some budgeting expenses to keep in mind as you settle in

 

Property taxes

Although you can write them off on your annual tax returns, you still need to be prepared to pay your local property taxes each year.

Repairs and maintenance

Home maintenance can cost up to $500 a month. Set aside extra funds for roof repair, plumbing and other upkeep tasks.

Utilities

Factor into your budget the costs of water, cable and internet, heating, air conditioning, electricity and other services.

Home insurance

Include any homeowners insurance you obtain in your monthly budget.

Pest control

Unexpected visitors can invade your home without notice. Keep enough in your savings to cover the costs of termite inspections, insecticide treatments and other pest control expenses.

Landscaping

Part of loving your home is taking care of its yard. Be sure to keep some change in your budget for landscaping expenses, like extra water use and fertilizer.

Mortgage payments

If you took out a mortgage, you’ll have monthly principal, interest and mortgage insurance costs. Establish and set aside a designated amount each month to stay current on your mortgage payments. Bonus: You may be able to deduct your paid interest and insurance from your taxes!

FAQ

Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos

Himenaeos. Sed molestie, velit ut eleifend sollicitudin, neque orci tempor nulla, id sagittis nisi ante nec arcu. Fusce porta bibendum convallis. Morbi fringilla sollicitudin scelerisque. In pellentesque
Contact Us

What the first step of the home buying process?

Can you get qualified. Talk to the mortgage lender. If you don’t know anyone, talk to the Realtor or real estate agent. The professional real estate agent has more connection and will recommend you to the great lender.

What is a seller's market?

A seller’s market arises when demand exceeds supply. In other words, there are many interested buyers, but the inventory is low. Since there are fewer homes available, sellers are at an advantage. Homes sell faster, and buyers must compete with each other in order to get a property.

What is First time buyer program?

There are many first-time homebuyer programs and grants available to help you afford your first real estate purchase, generally assisting with the down payment and closing costs.

How long does it take to buy a home?

On average, a homebuyer can spend a few days to go through the initial pre-approval process, anywhere from a few weeks to a few months shopping for the right home, and 30 to 45 days to close the deal.

What is a buyer's market?

A buyer’s market refers to a situation in which supply exceeds demand, giving purchasers an advantage over sellers in price negotiations.

What kind of credit score do I need to buy a home?

The minimum credit score you need to qualify for a mortgage depends on the type of mortgage you’re trying to obtain. Reach out to your lender. If you don’t know anyone, talk to the Realtor or real estate agent. The professional real estate agent has more connection and will recommend you to the great lender.