If you’re a teacher or educator looking for the best deals for your classroom and students, there are so many great teacher discounts for the upcoming school year! Take a moment to check out the exclusive deals for teachers and educators we’ve found. Know of a deal we missed? Let us know in the comments!
Tag: Homes for Heroes
Military Housing: Your Guide to BAH Rates and Savings
The United States provides a Basic Allowance for Housing, or BAH, for all military members when governmental quarters are not available. The BAH helps ensure that military members have equitable housing compensation. The BAH you receive depends on the housing rates near your base, your dependency status, utilities, renters’ insurance, and your pay grade. If those variables change at all in your area, there will likely be a corresponding change in your BAH rate. Here are some frequently asked questions about BAH, a link to a BAH calculator, as well as some tips on how you can save money when buying a home in 2021.
Read More
“Military Housing: Your Guide to BAH Rates and Savings”
4 Main Types of Home Loans
Before you study up on the types of home loans available, we always recommend determining how much house you can afford first. Once you know what you can afford to pay for a house, then you can focus on which loan type is best for you. This mortgage calculator is also a great tool to estimate your monthly mortgage payment. If you know what you can afford, the following will cover the four main types of home loans: Conventional loan, FHA loan, VA loan and USDA loans. Chances are you qualify for more than one type so spend a little time getting to know the pros and cons of each.
10 Steps to Closing on a House for Homebuyers
Hopefully you’re here because your purchase offer was accepted by the seller. You’ve finished celebrating that victory and now you’re preparing for what comes next. If not that’s alright. You’ll get there soon. Closing on a house is a process that takes some time, involves many people and a lot of paperwork. Did you know the average time it takes to close on a house is around 45 days? Your home buying team (real estate, mortgage, title and home inspection specialists) plays an important role in bringing everything together for your closing. Here are the things you need to know about the process of closing on a house and where you can save some money with Homes for Heroes.
How to Make an Offer on a House | Purchase Agreement
When you find a house you want, how to make an offer on a house becomes extremely important to getting it. Your real estate agent’s expertise plays an important role in the process. Your offer should set you apart from other potential buyers without paying more than necessary. With so many factors to consider, here are the important steps to take when making an offer on a house.
Read More “How to Make an Offer on a House | Purchase Agreement”
House Searching – 4 Tips to Beat Other Buyers
Your house search probably began online, browsing listings to see what is available and what they cost. If you’re looking for a competitive edge, you’ve come to the right place. Consider this: the average home buyer will spend over four months house searching before they actually buy. During that time you will compete with other home buyers to get the house you really want. To get you ready to take action when you find the right house, here are four important house searching tips to help you beat out other home buyers.
$25,000 Grant Awarded to IAFF Disaster Relief Fund for Camp Fire Firefighters
In response to the devastating Northern California Camp Fire, the Homes for Heroes Foundation awarded a $25,000 grant to the International Association of Fire Fighters, or IAFF Disaster Relief Fund. All funds will be used to assist CalFire firefighters who were eligible through the IAFF Disaster Relief Fund.
Homes for Heroes affiliate real estate specialists, Kendra DiGrazia and Tiffany Isabell of Chico, California, presented the grant check to the CalFire station in Paradise, CA. Along with Janet Sauneir, Homes for Heroes affiliate real estate specialist all the way from Jacksonville, Florida, mailed hand-written thank you letters from students in her community to the CalFire firefighters.
Read More “$25,000 Grant Awarded to IAFF Disaster Relief Fund for Camp Fire Firefighters”
Four Other Costs of Buying a House
When it comes to buying a house, it helps to understand exactly what you can afford – and that starts by understanding the costs of buying a house. Your mortgage payment will be the biggest recurring payment on your home. But, there are four other primary costs of buying a house that you need to know about. Here’s a breakdown of the four other costs and how working with Homes for Heroes to buy a home can help with costs.
26 Potential Home Closing Costs – How to Save Closing Fees
It is good to know what home closing costs you may need to pay, as you prepare for your home purchase and the closing process, so we assembled this list of potential home closing costs. It’s not likely your loan will include all of these costs and some may not apply to your particular circumstance due to your location, your service providers, and the type of loan you choose.
If you are not currently working with a mortgage lender, and would like cost estimates for your situation, we recommend you speak with a mortgage professional. Sign up with Homes for Heroes and we will connect you with our local specialists who can provide you with more accurate information because they serve within your community, and they will save you money.
If you’re not ready to speak with someone, we get it. Here’s the list of potential home closing costs to reference:
Read More “26 Potential Home Closing Costs – How to Save Closing Fees”
Hidden Issues – What to Look for When Buying a Home
Location, location, location. It’s the first rule of real estate and it’s usually the first thing people consider when looking to buy a home. Next might come the square footage, the number of bedrooms and bathrooms and so on. While these are all important factors, they don’t tell the whole story of your potential new home. Even homes in the best neighborhoods can come with tons of hidden – and often costly – maintenance issues. Yes, you’ll have a home inspection to help catch anything that doesn’t meet standards, but that comes at the end of the home buying process. Here is what to look for when buying a home.
Read More “Hidden Issues – What to Look for When Buying a Home”
