After binge-watching reality shows where homes are bought and sold in a day, you might feel like you understand the process. Unfortunately, if you are buying your first home, you might come across a few surprises along the way. Here are two home buying myths debunked so that you don't have to worry: 1: "You get your keys the day you close." Ah, closing day. After you finally sign that stack of papers, you might be ready to grab the keys to your new place and start moving in your furniture.
- Working to get a home loan can be an exciting time of life. Many people look forward to the day when they will be homeowners and have a place to call their own. However, the process of getting a mortgage has become more and more difficult over the years. The banks and brokers want to ensure that, before they take a risk on you, you are able to cover your end of the bargain, so they take you through a rigorous process.
- There's an auction for a variety of industries, and real estate of one of those industries. Smart homeowners and home flippers shop for new properties in this way, and you might be wondering if you should do the same. Read below to learn about buying your home via real estate auctions. Step One: Register For The Auction Right away, the worst mistake you can make is showing up at a realty auction without any financial or mental preparation.