What to expect at your new home pre-closing walk-through

Tips for a successful new home walk-through

By: Elizabeth Porter       Whether you had Adams Homes build you a new home pre-construction or you purchased one of our completed homes, before you close and move-in you will have a walk-through. In reading this article, I hope to give you an idea of what to expect at your pre-closing walk-through, how long […]

Categories: Buying a Home

Top 10 Tips for a Smooth Closing on your New Home

10 tips to ensure a smooth closing: (on your new home):

Be honest and upfront with the sales associate when writing your sales contract– If you have a lease, disclose when you have to be out of the lease.  If you have some work to be done on your credit (maybe short-sale or bankruptcy) or if you are in the military (base housing, deployment) etc.  This […]

Categories: Buying a Home

Mortgage Quick Tip: Understanding PITI

Explanation of  PITI By: Elizabeth Porter In a previous article, we explained the difference between closing costs and escrows.  In this article we will explain another term frequently heard, PITI.  PITI is the abbreviation for: Principal, interest, taxes and insurance.  PITI encompasses the entire monthly mortgage payment amount borrowers putting less than 20% down can […]

Categories: Buying a Home

Mortgage Quick Tip: Escrow Explanation

Understanding Escrows

By: Elizabeth Porter    Principal and interest, taxes and insurance, closing costs and pre-paids.  These are common terms used when discussing mortgages.  Once you understand all the parts and pieces that make up your monthly payment, wrapping your mind around it becomes fairly easy. The goal of this article is to help you better understand […]

Categories: Buying a Home

5 Tips for First-Time Homebuyers

Real Estate Advice For First-Time Homebuyers

Written By:  Elizabeth Porter You should buy a home. That’s what you’ve been hearing from friends and family right? So, by now you have weighed the benefits and decided that home ownership is the best decision for your family. That’s a major hurdle now passed. You are focused and certain. Great! Get Educated: There are […]

Categories: Buying a Home

12 mortgage do and do not’s

By: FBC Mortgage – Team J&J   THE 12 MORTGAGE DO’S AND DONT’S So you found your dream home and have secured a mortgage pre-approval.  Congratulations! You are nearing the finish line of becoming a homeowner.  It’s so exciting right? Proceed with caution, that approved status can slip away with just a few wrong moves.  Don’t […]

Categories: Buying a Home

10 Questions To Ask Your Lender

Use This Checklist As A Guide When Speaking With Your Lender About Getting A New Home Loan.

Written By: Elizabeth Porter Buying a home is a life changing experience.  Not only are you achieving “The American Dream” but you are increasing your net worth and financial independence.  What comes first, finding a home or finding a loan? There are benefits to getting approved first.  One is that you are shopping in the […]

Categories: Buying a Home

Why Some Homebuilders Charge like Cruise Ships

The Homebuilding Industry

As a student of business and as a consumer, I have always enjoyed analyzing and learning about other industries. Recently, as I took a hard look at our industry, homebuilding, I realized that many homebuilders in our industry have adopted a business model that is well known in other industries such as the cruise ship industry […]

Categories: Advice

Go From Renting To Owning In Eight Easy Steps

The Journey To Homeownership

The thought of going from renting to owning can feel both liberating and at times, overwhelming. Back in the year 2000, before I was an Adams Homes employee, I was a renter. I was 22 years old and also happen to be a newly licensed real estate agent with not a whole lot of money in savings. I […]

Categories: Advice

How payment history impacts your credit score

By: Team J&J-FBC Mortgage LLC Your credit scores usually determine the price you pay for your money (your mortgages, your auto loans and leases, your credit cards, business loans, etc.). Perhaps the most significant part of your credit report is your credit score. Credit scores range from 350 to 850, with 850 being the best […]

Categories: Buying a Home

Tips for Saving

Written by Carla Hill Saving money for a downpayment is a very worthy goal. Homeownership has been shown to be a good long-term investment that creates family and community stability. The National Association of Realtors’ 2010 Social Benefits of Homeownership and Stable Housing study found some delightful upsides of becoming a homeowner, such as it making […]

Categories: Buying a Home

Can having my credit checked make my score go down?

By: Team J&J-FBC Mortgage LLC So, you're thinking of getting a car loan? Maybe a mortgage home loan? Maybe a retail store credit card? Before you apply for that loan, think about this.  Your credit score is one of the main factors used when a lender decides if they will loan you money. It is very important to […]

Categories: Buying a Home