Not sure what to do? Ask Robert!We’ll address homebuyer FAQs each week. Submit your question for a chance to be featured in an upcoming newsletter. Email MortyReport@morty.com or find us on Twitter @HiMorty. What to do Want to lower your interest rate? There’s several options to explore here. Float-down options are a provision that allow buyers to, in some cases, lower … [Read more...] about The Morty Report: Are We Finally Catching a Break?
closing costs
How Much Does a Home Inspection Cost?
You did it – you did your research, found a home you love and had your offer accepted! But there are still a number of stops left on your way to closing, including the home inspection. A home inspection can offer enormous insight into the home you plan to purchase, and potentially save you thousands of dollars down the road. And in spite of a growing trend of first-time … [Read more...] about How Much Does a Home Inspection Cost?
How Do You Shop Around for a Mortgage?
Does shopping for a mortgage get your nerves in a tangle or give you little fizzes of excitement? The reality of shopping for a mortgage is that it will feel different than poking through online listings, driving around suitable neighborhoods or talking through real estate "how-tos" with a real estate agent. Shopping for a mortgage is a more number-crunching process … [Read more...] about How Do You Shop Around for a Mortgage?
How Much Down Payment to Buy a House?
When you want to buy a home, you may not know all the details involved, including how much of a down payment you need. When it comes to mastering a task, such as learning to ride a bike or learning about investments, someone may have taught you. It's the same with buying a house, so let Morty guide you. So, how much down payment for a house? We'll … [Read more...] about How Much Down Payment to Buy a House?
How Long Does an Appraisal Take?
You might think buying a home involves a lot of waiting. You may wait for pre-approval, the results of the home inspection, underwriting and more. As part of the homebuying process, you may also wait for the results of an appraisal. (Getting the results of a real estate appraisal may take less time than you think.) Knowing the exact process can help you learn more about how … [Read more...] about How Long Does an Appraisal Take?
