One Cent At A Time

A Personal finance blog for saving money and earning more and thus having a better life

3% Down payment Can Get Your Dream House

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ISince the housing market crash of 2010, getting a mortgage has become more difficult. Low-interest rates are tempting to many who are looking to quit renting and to start building equity. But getting the loan approved is a huge task. Often these loans require you to pay a big down payment. But wait, you have an alternative solution, where you can only pay 3% down payment to get the home you wish to buy.

Should You Buy Home

With so much scrutiny, finding someone to lend you money has become increasingly difficult. If you are being dissuaded from owning the American dream, take heart. The Bank of America has announced that they will begin a new program which will allow those who have as little as 3 percent down to give, to get a mortgage for home ownership.

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Simple Home Staging Strategies for a Quick Sale

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Most of us know that first impressions count in many situations, and it is true when it comes to finding a buyer and selling your home quickly, for the right price.

Professional firms are regularly handling property sales for their clients and if you want to successfully sell your home and move on up the property ladder, presenting it in the best possible light, is an excellent strategy.

Buying into their dream

There are a number of things that might send the right signals to a buyer that found the house they want, but with most of us, it is a case of buying into a dream, and if your home offers them the chance to realize this dream, they are going to do all they can to buy it.

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When Is The Best Time of Year to Sell Your Home?

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There is great debate over when the best time is to sell your home, with many people considering warm weather a plus when putting a property on the market while others believe the winter months could be best. Actually, the time of sale differs with the country. In the UK the best time may be in September-October, in the US, it’s the June/July when real estate sells reach peak.

When is the best time of year to sell your home

Timing is everything when it comes to real estate buying or selling. Listing your property in the peak hours generate interest among many and as a result, the offer price goes up. If you’ve been thinking, ‘I must sell my house’ lately but aren’t sure when is best to put up a listing then we’ve taken a look at what the experts have to say on the matter:

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Home Staging: The Insider’s Secrets to Selling Fast

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The key to selling any home can be the presentation, or staging. Professional home stagers work to present a home in such a way that it shows off all its best qualities to buyers and makes it stand out from other properties listed on the market.

Home Staging

Staging a house can make a significant difference in how quickly it sells. It’s common for real estate agents to have some unstaged properties listed for several months with very little interest from buyers. By comparison, a professionally staged home generates a lot more interest and usually sells in a matter of days or weeks.

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Financing Home Renovation Projects 

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Being a new homeowner (About 14 months now), we already started planning for few possible renovation. The flooring, bathroom and kitchen renovation are listed. Although we don’t yet have a tentative time for all renovation targets, we started thinking about financing. We are prepaying our mortgage, and this is the first priority for us now. As you know apart from the mortgage, we are debt free. We would like to live debt free for rest of the life, so this push for the mortgage pre-payment.

Financing Home Renovation

All three renovation we planned for need large amount of money. This post is to help families with renovation needs who are thinking about financial aspects of the work.

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Home Improvement or Moving To a New Home

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Many of us face this challenge in life. For some reason or other, we need to either take on home remodeling or improvement projects. So is it always better to improve your current home than trying to move a to a newer and bigger home?

Home Improvement or Moving To a New Home

It is becoming more and more common for people to go down the avenue of improving their current home rather than moving. Often, people find themselves in this quandary, trying to decide which makes more sense for their situation, do they stay in their current home, after home improvement, or up the route and move to a different property.

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Important Steps to Home Ownership

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So, you’re ready to make the big leap into home ownership? Good for you. Home ownership can be a great experience and holds a number of tangible and intangible benefits. But first, you need to actually buy that property, which, especially if this is your first home, can feel more than a little complicated.

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Understanding the mortgage process

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10 Reasons You Should Buy Your New Home In 2015

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Let’s not take the title of this post as it is presented. I am going to write why I think now is a good time to buy your new home. You may not agree to me as most of you will think it in different way and your situation might not be right for taking up a mortgage at this time. So take it with a pinch of salt and assume that this article is for those who are contemplating on buying a home for some time.

Why to buy home in 2015

We bought our first home in August 2014. Last year around this time we started looking for homes. It’ll take 3 -6 months before you close out on your home buying. So if you want to buy a home this year, now is the perfect time to start looking for homes.

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3 Questions to Ask Before Buying Home

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We bought our home last year in August. Till then we were renters. A lot of things in our finances have changed since then. On a positive side we are now better budgeters. We have a growing equity in our home. I can think of itemizing my tax return finally this year. On negative sides; We are hit with big insurance and property tax bills. We pay for more stuff now, to maintain this home we are paying more every month.

So, what would you do if you’re thinking of buying your first home?

Should You Buy Home

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Ten Things you should do Before Applying for a Mortgage

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A home is a very important part of every human being’s life. It is a source of great comfort and stability. This is the reason as to why choosing to purchase a home is normally the biggest financial transaction a person will ever make in his or her entire life. It is thus then very important that this decision is reached at with a lot of caution.

applying for mortgage

It is vital that the right amount of research is conducted before the decision is made and that all required preparations are made in time. It is granted that every home buying transaction is unique in its own way. However there are ten very common things that apply to every home buying transaction.

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