Shirley Tyler's blog

Don't let buying your first home be intimidating!

Don't let buying your first home be intimidating!
 
Although a house could be the biggest purchase you will ever make, the process of shopping for a home and obtaining a mortgage doesn't need to be overwhelming. There are steps you can take now to make the process enjoyable and more attainable.
 
 
1. Know Your Credit History and Score
 
One of the key factors in getting approved for a loan is your credit score. Your credit history determines your score, and the higher the score, the better loan terms you will be offered from the lender. You are entitled to a free credit report once every 12 months from each of the three nationwide credit bureaus: Transunion, Experian, and Equifax. Go to www.AnnualCreditReport.com, the official site for consumers to obtain free credit reports, or call 1-877-322-8228. If you notice any errors on your report, work on correcting them as soon as possible. 

Just Moved Into Your New Home: Don't Forget To Do These Things

When moving into your new home, there are lots of things that need to be done.  Even if your home is 'move-in-ready', you'll still have a list of items to take care of fairly quickly to ensure your safety and comfort.  Here are a few things you may not have thought about that should be done soon after moving in.

Change the Locks.  You never know who might have keys to the old locks.  Previous owners could have handed them out to relatives, neighbors, friends, and it is not likely that they remembered to get them back.  So, it's a good precautionary measure to install new locks.  Perhaps it's also an opportunity to upgrade to some of the cool new 'smart home' locks while you're at it.  You could get a home technology hub and then use the Hub with something like the Kwikset Smartcode 916 Electronic Deadbolt. 

Buying a Home as a Sole Owner? Here are Some Things You Should Know

woman sitting on sofa reading beside traditional fireplaceSingle and thinking about buying a home on your own?  Do your research and take your time.  Start learning what you need to know several months before you are ready to start viewing properties.  The more you know and the better prepared you are, the quicker you will find the right home to meet your wants and needs.

There’s a huge sense of independence in owning your own home, being comfortable in your own living environment, and making your own rules and decisions.  I guess that's one of the reasons they call it the American Dream . . . the ability to have freedom and control over your space.

Many single women and men are buying their own homes. In fact, according to the National Association of Realtors® single women accounted for 21% of all home purchases in the year ended this past June, while single men accounted for approximately 10%.

Here are a few important financial tips for single home buyers (women and men):