By Corinne Geiger | March 31, 2023 | Comments Off on Facts About Closing Costs [INFOGRAPHIC]
If you’re thinking about buying a home, be sure to plan for closing costs.
Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more.
By Corinne Geiger | February 3, 2023 | Comments Off on You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]
Some Highlights
Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase.
And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%.
By Corinne Geiger | January 27, 2023 | Comments Off on Homeownership Builds Your Wealth over Time [INFOGRAPHIC]
Some Highlights
If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.
On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term.
By Corinne Geiger | January 20, 2023 | Comments Off on What’s Really Happening with Home Prices? [INFOGRAPHIC]
Some Highlights
If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters.
While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%.