6 Benefits of Owning a Vacation Home
1. Tap into rental income Owning a second home presents the opportunity of renting it out when you’re away. And, if your second home is a great property in a desirable town, turning it into a rental...
What’s the difference between a home warranty and home insurance? Home warranties and home insurance are not the same thing. They both are home care services, but ultimately provide different coverage...
How to Negotiate Your New Home Purchase
If you’re looking to snag the home of your dreams while also saving as much money as possible, your (and your realtor’s) haggling skills will be paramount. Here’s a look at our top tips for negotiatin...
1. Know your rights At Newrez, we believe that all people have the right to purchase or sell a home without discrimination. Earlier this year, the Department of Housing and Urban Development (HUD) a...
11 Frequently Asked Home Appraisal Questions
The Home Appraisal Process You may be wondering, how is an appraisal and appraiser scheduled? While you as the borrower are typically responsible for paying the appraisal fee, the lender typically ord...
Get Help with Your Down Payment and Closing Costs on Your First Home
With ever-increasing apartment rental rates and student loan payments to manage, 5 in 10 millennials consider coming up with a down payment a major barrier to owning a home. And that’s before closing ...
8 Easy Ways to Add Value to Your Home
1. Paint a Room With just one fresh coat of paint, a dull room can be transformed to a bold one. Don’t want to make that big of a splash? Create an accent wall or add color to the trim for a trendy up...
Weekly Mortgage Applications Rise, a Sign of Hope for the Spring Homebuying Season
Mortgage application volume increased 3.6 percent last week from the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Applications to purchase a home increased...
The Comeback Is Always Greater Than The Setback
5 Reasons Why Your Home Purchase Offer Was Rejected To understand what could happen, or to learn more about why it may have already happened to you, let’s run through some of the common reasons why ...