Home Buying Tips

Below you will find some great articles, advice and insight into the world of real estate compliments of My Way Home members – experienced professionals that have all been down the road you are looking to travel. 

Whether you’re buying your first home or next, this is a great place to gain the knowledge you need to make an informed decision. 

  • Buyer's Agent vs Seller's Agent Selecting the right real estate professional is an extremely important step in the home buying process as he or she will become your connection...
  • What Really Matters About Your Home Inspection It's early Saturday morning and Tom and Susan are celebrating. You see, their real estate agent just called to let them know that the seller...
  • The Myth About Mortgage Pre-Approvals By itself, the word "pre-approved" gives the impression that a decision has already been made about the applicant. And since most of us have at some point received "pre-approved" letters in the mail from credit card companies, the terminology appears familiar. But does "pre-approved" always mean what we think it does?
  • Buying and Renovating Real Estate — The FHA 203(k) Because of the reduced price, older homes in need of repair and/or upgrades create great buying opportunities...
  • FHA Financing You may have heard the term FHA used before, but did you know that FHA financing is one of the most popular ways to achieve homeownership today?
  • Fixed and Adjustable Mortgages A fixed rate mortgage, as its name implies, features a rate of interest that stays "fixed" over the term of the loan. From a budgeting prospective, a fixed rate mortgage...
  • Trimming the Fat on Debt If you feel like you're hurdling over bills that seem to keep growing, you're not alone. Many people face a financial quandary at some time in their lives. Although debt can feel overwhelming, it can be overcome...
  • Do You Know Your Score? If you were asked to rate your credit, how would you respond? Good, fair, poor, or maybe since you have never been late on anything in your life, you would rate your credit as "excellent." While any of these answers may be correct, none of them are as important as actually knowing your true credit score...
  • The Perfect Loan File The media has it all wrong – securing mortgage approval and satisfying credit underwriting guidelines are not the difficulties plaguing mortgage consumers. It’s in meeting the rigorous documentation requirements that most people fall flat.

If you have any home buying or financing questions, please Ask a Home Professional!