Blog – RESCO

20 Dec 2024

First-Time Homebuyer Checklist For Success When Embarking On The Homebuying Journey

Home MortgageFirst Time Homebuyer, Homebuyer Checklist, House Hunting

Purchasing your first home is an exciting milestone, but it can also feel overwhelming without a clear plan. With so many moving parts, from financial prep to evaluating potential homes, having a comprehensive checklist can help simplify the process. Here's everything you need to consider to make your home-buying journey smoother and more successful: 1. Get Your Finances in Order Check Your Credit Score: Lenders rely heavily on your credit score. Aim for a score of 620 or higher to qualify for a conventional loan, though some programs accept lower scores. Save for a Down Payment: Depending on the type…

How Younger Homebuyers Can Make A Dream Into Reality

Homebuyer TipsFirst Time Homebuyer, GenZ Homebuyers, Homebuying Tips

For many younger individuals, especially those in Gen Z, the dream of owning a home can feel distant amid rising home prices, mortgage rates, and inflation. With these challenges, it’s easy to wonder if homeownership is truly within reach. While the current housing market may seem daunting, it’s important to know that it’s still possible to become a homeowner with the right strategies and support. With professional guidance, you can navigate the obstacles and achieve your goal of owning a home. Here are some helpful tips for younger homebuyers to make their dream a reality. 1. Explore Your Options for…

Why Checking for Open Permits Is Essential Before Selling Your Home

Home Seller TipsOpen Permits, Real Estate Tips, Seller Advice

When preparing your home for sale, there’s a checklist of tasks to tackle like decluttering, staging, and perhaps making minor repairs. One item that often gets overlooked, yet is critically important, is checking for open permits on your property. Ignoring this step could lead to unexpected delays, renegotiations, or even jeopardizing your sale entirely. Here's what you need to know about open permits and why resolving them is vital. What Are Open Permits? An open permit occurs when work done on a property hasn’t been fully approved or closed out by the local permitting authority. This can happen if the…