Mortgage Blog

Category: First Time Home Buyers (19 posts)

First Time Home Buyers Guide: What Happens after Sending an Offer to Purchase

March 26, 2020 | Posted by: Simon Lyn

After sending the offer to purchase to the seller, there's nothing left to do but cross some fingers and hope for the best. Or is there? What happens now and when will the keys finally change hands? T ...

First Time Home Buyers Guide: What about Pre-Qualification, Pre-Approval, and Mortgage Commitment Letters?

March 19, 2020 | Posted by: Simon Lyn

Securing pre-qualification, pre-approval, and mortgage commitment letters can simplify the mortgage application process. These steps can also help home buyers avoid disaster. They don't need all three ...

Three Mistakes to Avoid as a First Time Homebuyer

March 12, 2020 | Posted by: Simon Lyn

Purchasing your first home is always an exciting life milestone. However, if you want to make a smooth and easy transition into home ownership, there are a few mistakes you should try to avoid along ...

Mortgage Mistakes - How to Avoid Getting in Over Your Head When Buying Your First Home

March 5, 2020 | Posted by: Simon Lyn

If you are tired of renting and ready to buy the home of your dreams, you need to plan carefully. The dream of home ownership is a wonderful thing, but without careful planning and a proactive approac ...

5 Mistakes to Avoid When Buying Your First House

January 23, 2020 | Posted by: Simon Lyn

Buying a first home is a big step, both financially and personally. In the long run, home ownership can lead to many other investment and and financial opportunities. Of course, owning a home also g ...

Buying Your First Home: When Are You REALLY Ready?

January 2, 2020 | Posted by: Simon Lyn

Purchasing your first home is the dream of a lifetime and a massive investment toward your future. The process is full of hopes and aspirations but is also a huge commitment to take on. For those who ...

Five Surefire Ways to Ensure You are ready to Buy a Home as a Recent College Graduate

December 5, 2019 | Posted by: Simon Lyn

If you are a recent college graduate, you might think that buying a home is still many years off, but that's not necessarily the case. If you dream of homeownership, even as a young adult, there may b ...

How to Know If You Should Buy a Home or Continue Renting

October 3, 2019 | Posted by: Simon Lyn

While owning a home and a plot of land was once part of the 'American Dream' for many people, the times have shifted. The global financial crisis which resulted in a massive shift in the housing marke ...

Five Things to Consider Before Flipping a House

September 5, 2019 | Posted by: Simon Lyn

House flipping can be a tempting way to make fast money, but not every fixer-upper has the potential to be profitable. Here's five things to consider before buying a property to flip. 1. Time Tele ...

Thinking of Buying a Home? Ask Yourself These Questions First

August 29, 2019 | Posted by: Simon Lyn

Many people simply assume that buying a home is always better than renting, but that is not always the case. Owning a home makes sense in certain circumstances, just as renting is a smart move in othe ...

What to Look for When Buying Your First Home

July 18, 2019 | Posted by: Simon Lyn

Buying a first home is an exciting time in an individual's life. You may already have a family that needs more than simply being a good structure to protect against them against the elements. In addit ...

Buying Your First Home? Be Prepared for These 5 Startup Expenses

June 27, 2019 | Posted by: Simon Lyn

If you are in the market for your first home, you’ve probably saved a substantial amount of money for the down payment. You researched closing costs, sought out the best deal on a mortgage, and ...

10 Mistakes First-Time Homebuyers Make

May 30, 2019 | Posted by: Simon Lyn

Buying your first house can be an exciting and stressful time. There are so many things to consider that you can find yourself getting overwhelmed. Here are some common mistakes first-time homebuyers ...

Five Things First Time Home Buyers Should Do Before They Go Shopping

May 16, 2019 | Posted by: Simon Lyn

Shopping for your first home is exciting, and it is only natural to want to get right to it. The idea of trading in that monthly rent check for a mortgage payment that builds equity and wealth for the ...

Should You Borrow Money to Invest in Real Estate?

February 14, 2019 | Posted by: Simon Lyn

There's no disputing that real estate investment is one of the best business models for those looking to achieve long-term financial success. The one problem most would-be investors have, however, is ...

Going Away for the Holidays? Protect Your Home against Burglars!

February 7, 2019 | Posted by: Simon Lyn

Burglars look for opportune moments to enter homes in search of valuables, and they don't take breaks for the holidays. In fact, many burglaries take place during the holidays, especially when people ...

Saving For College: Four Tips For Parents

January 31, 2019 | Posted by: Simon Lyn

One of the prime concerns of parents, especially parents of teenagers, is how their children will be able to afford college tuition. With prices going up each year at even state and community colleges ...

4 Homebuyer Tips To Make House Hunting More Efficient

January 10, 2019 | Posted by: Simon Lyn

Going house hunting can be fun and exciting at first, but the more houses you look at, the more frustrating you might become -- especially if you just can't seem to find the perfect home. No one ...

First Time Buyer Plan

January 3, 2019 | Posted by: Simon Lyn

Navigating the world of Canadian home buying. Step 1: Figure out how much you can afford. Falling in love with a house you can’t afford can be heartbreaking. Avoid disappointment by ...

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