How Much Earnest Money?
Earnest money is the deposit buyers make to secure an offer on a property. There is no standard amount of earnest money a home buyer is required to put down, the amount of the deposit and conditions placed on it are meaningful. The amount is entirely the buyer’s decision. From a seller’s perspective, earnest money…
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Financially Preparing to Buy a Home
Most people can’t just rock up and buy a new home without some advance preparation. The purpose of this post is to provide a bit of a road map and some priorities for that preparation. Lenders are going to take a hard look at your history and finances when considering how much to loan you.…
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How Much Home Can You Afford?
A lot more than you might imagine goes into determining how much home you can afford. The purpose of this post is to explore some of those inputs. In order to begin to calculate what you can afford, you need to understand your household income, monthly debts, and the amount you have available as a…
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Hey! I’m Tim!
