- Homebuyers
- November 7, 2024
What Is an Escalation Clause? This Little-Known Strategy Can Help Homebuyers in Competitive Markets
An escalation clause can is a tool homebuyers can use to win a bidding war—but it could backfire.
About Meera Pal
Meera Pal Articles
- Homeowners
- October 7, 2024
Understanding the Mortgage Amortization Schedule Can Help Homeowners Save Money
Homeowners with a mortgage receive an amortization schedule. It shows homeowners how much they will pay over the life of their loan and how long it will take to pay it off.
- Homebuyers
- September 10, 2024
Mortgage Rates vs APR: Knowing the Difference May Save Homebuyers Big Money
Two important terms every potential homebuyer should learn are mortgage interest rates and annual percentage rate (APR). Both terms directly relate to how much money you'll pay each year, but there are some key differences that can really add up.
- Homebuyers
- September 5, 2024
Bidding Wars: How Homebuyers Can Triumph in the Housing Market—And Know When to Walk Away
With mortgage rates hitting their lowest level in over a year, more buyers are expected to come off the sidelines. The additional competition could lead to one of homebuyers’ fears: a resurgence in bidding wars.
- Homebuyers
- August 28, 2024
Tips to Boost Your Credit Score Before Buying a Home
Many first-time homebuyers focus their attention on attending open houses, saving for a down payment, and figuring out if they can afford their preferred home. However, there is one big thing that many forget to do: Check their credit scores.
- Homebuyers
- August 1, 2024
Looking for a Low Rate? Why Homebuyers May Want to Consider a Mortgage Rate Buydown
Homebuyers facing elevated home prices and frustratingly high mortgage rates are looking for ways to make homeownership possible. That's leading many to discover mortgage rate buydowns.