How Much Do You Need for a Down Payment?

As you begin your home-buying journey, one of the first steps is to save up for a down payment. Many people think you must put 20% down, but this notion is outdated and no longer the only option for getting into a house. In fact, the median down payment in 2019 was 12%. This figure drops to 6% for first-time buyers and increases to 16% for repeat buyers. Depending on your loan type and credit score, you could put down as little as 3%. And if you qualify for a VA or USDA loan, you may be able to buy a house with $0 down.

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Avoid the Rental Trap in 2022

Are you among the many renters looking for a new place to live in 2022? Perhaps you’re relocating for work, want to live closer to family, or have another reason to move when your lease is up. Whatever the case, you may be shocked at the asking price for rent these days, especially if your landlord has kept your rate pretty stable. Before you get into a new apartment rental, learn more about rising rents and why this could be the year to buy a house.

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What to Include in Your Final Walkthrough Inspection

A final walkthrough inspection is the critical last step of buying a house. If the seller previously agreed to make repairs, this is your chance to check them out. A last-minute walkthrough also ensures the house is exactly the way you expect it to be when you move in. There’s a lot to think about, so it’s wise to bring this checklist with you to make sure you don’t overlook anything.

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8 Tips for Staging Your Home

When you decide to sell your home, you want to attract buyers far and wide. An effective way to put your home’s best foot forward is by staging it to Instagram-worthy perfection. Home staging is not the same as decorating. Instead of instilling your personal style into the space, your goal is to make your home appeal to the largest pool of buyers possible.

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