Home buying terminology is its own language at times. This glossary of terms for home buyers is something we hope you will reference again and again during your journey. It’s alphabetically organized and ideal for learning on the go. Knowing a few of these terms can make you look like a smart buyer ready for a competitive market. Read More
“Home Buying Terminology | Terms for Home Buyers to Know”
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Lynchburg Area Veterans Council Receives $10,000 Grant from Homes for Heroes Foundation
Lynchburg Area Veterans Council provides financial help to homeless veterans in Virginia. The Homes for Heroes Foundation presented a $10,000 grant to the organization to help it fulfill its mission. This Homes for Heroes Foundation grant is part of the Homes for Heroes’ Circle of Giving, providing assistance for heroes in dire need across the country.
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House Hunting Checklist | Home Buyers Pick Must-Haves (Free Printable PDF)
The Homes for Heroes house hunting checklist is a simple tool to help home buyers determine the absolute must-haves for their new home, and what are the extended nice-to-haves. Some checklists are a home buying wish list. But as this post will illustrate, the key to this exercise is to actually narrow down your wish list to the true essentials (Must-Haves). Everything else is gravy (Nice-to-Haves)! This checklist will define your targeted house search criteria and help streamline your house hunting experience.
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Ezras Nashim Receives $10,000 Grant from Homes for Heroes Foundation
Ezras Nashim provides emergency medical care for the Orthodox Jewish community, with a crew of women EMTs, so that women can focus on their health without worrying about their modesty or dignity. In March 2022, the Homes for Heroes Foundation presented a $10,000 grant to the Ezras Nashim. This grant is part of the Homes for Heroes Foundation’s circle of giving, providing assistance for heroes in dire need across the country.
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How to Get Pre Approved for a Home Loan and Save Money at Closing
How important is it to get pre approved for a home loan? The outcome of getting a home loan pre approval is receiving a pre-approval letter. This letter is the golden ticket that allows you to be seriously considered by a seller to purchase their home. Without one, your chances of winning the bid on a home with multiple offers is slim to none. Therefore, it’s good to know the process of how to get pre approved for a home loan and other answers to commonly asked questions about mortgage pre-approval.
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Rent Reporting Helps Build Credit | Top 11 Rent Reporting Services
Rent reporting is a big deal if you plan to purchase a home in the future. If it seems like the scales are tipped against you in terms of buying a new home, the scales may have just moved a bit in your favor. Major credit agencies have begun to accept rent payment as part of their credit calculations, giving renters who want to become first time home buyers the leverage they deserve but didn’t always get. Here we take a look at rent reporting, ways to do it, and why it’s important for renter’s credit and future purchasing power.
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Abby Waltz Named a 2022 Real Estate Newsmakers by RISMedia
The amazing people at Homes for Heroes® continue to bring home the gold. Homes for Heroes’ Founder/CEO Ruth Johnson recently received the prestigious Beverly Faull Affordable Housing Leadership Award from the Down Payment Resource, the nationwide database for U.S. homebuyer assistance programs. Joining her ranks and gaining recognition is our own, Abby Waltz, recently announced as a RISMedia 2022 Real Estate Newsmaker!
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Ruth Johnson, Founder/CEO, Receives Prestigious Beverly Faull Affordable Housing Leadership Award
It has never been more important to recognize the everyday trials the pandemic has created for our brave community heroes and find ways to give back to them. They have remained dedicated to serving our country and its diverse communities throughout this crisis.
Mortgage Ready | These are the Future Mortgage Borrowers
Housing affordability is an increasing concern, but there is a population of 41 million people, 45 years or younger in the U.S. who are “mortgage ready” according to a Freddie Mac report.
That’s a lot of potential first-time buyers. Homeownership is critical for building long-term wealth, and most first-time homebuyers rely on obtaining a mortgage to become homeowners.
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Extra Cost To Buy a House | What You Need to Know
You’ve been saving to buy a new home, but what will it actually cost to buy a house you want? You have your down payment fund built up, and you’re pre-approved. It is our duty to inform you there are many fees, taxes and up front costs you’ll need to be prepared to pay – on top of your down payment. When you’re saving up to buy your dream home, these additional costs to buy a house. Read More “Extra Cost To Buy a House | What You Need to Know”
