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When you buy a home, whether it is your first time or your fifth, you will indefinitely need a credit score and a good one at that. The credit score is a vital part of the home buying process, yet there are many people, especially those who are buying their first home, that don't know what it is and why it is important. If this has ever caused you to wonder, then you are in the right place. Today we are going to give you a basic understanding of what a credit score is, why it’s important. Please consider however that this is only a basic lesson. There are more things to know about credit scores that we don’t have the time to explain today. Make sure you talk with a professional such as a lender or a loan officer at a bank for more information.

Renting can be a bit of a drag. Your home is not your own, your landlord smells funny, and you are not allowed to hang up pictures. If this sounds familiar to your situation, then maybe it’s time to look into buying your own place. There are many reasons to look into buying- from decorating to stability and many things in between. Owning may be the perfect solution for your needs.

The experience of renting can be a bit of a gamble because the landlord or apartment complex is in charge of setting the rent price. There is not a guarantee from contract period to the next that your rent will stay the same. Often, apartment managers raise rent prices and either give written notice or have raised rent prices so that signing another contract will…

Are you a first time home buyer? If you are, you probably have been doing some research into mortgages. Your research might be purely educational or it could be to find the best home loan. This article, on the other hand, will be a bit different. Here we will try to arm you with questions to ask so you are in the know when it comes to your mortgage. Now, keep in mind, this is not a comprehensive list of everything you need to know about your mortgage, but, before you accept a home loan, be sure that you have the answer to the following 10 questions to ensure that you have a clearer understanding as to what you are getting into.

What is the full amount of the loan?

This might seem like a strange question, but it is an important one to ask.…

There are many articles out there about credit and how to build it. But why does it matter? Why do you or I need to worry about building credit? And what is it in the first place? The following is a brief introduction to credit and how to build it. It is not meant to be a complete or comprehensive lesson on credit and credit scores, just a brief introduction. For more information, talk to your real estate agent or a loan officer at any bank or credit union as they will know, in detail, what will help you.

What is credit?

It is first important to ask the question, ‘what is credit’ before trying to figure out how to raise your credit. So what is it? Simply put, your credit is a way for the banks to judge how responsible you are with money. It…

When you buy a home, the last thing on your mind is that one day you might not be able to pay your mortgage. Being foreclosed on can be scary, stressful, and even embarrassing. No one wants to lose their home, nor have a foreclosure show up on their credit report. You lose your home, your credit takes a big hit, and the foreclosure stays on your record for seven years.

However, if you are in danger of being foreclosed on in Idaho, don’t be afraid to seek out help and assistance. Ever since the real estate market crash, when many homes all across the United States were in foreclosure, the federal government has created an assistance program that offers an immediate solution. Of course, if you are in danger of going into foreclosure, you should…

There's all kinds of lists out there that tell you what to do to your Idaho home to increase its value. With so many opportunities to improve your home and make it more appealing to future buyers, it can be hard to resist the appeal of adding a swimming pool – or perhaps a sun room, or a highly customized office redo. You're thinking of using your home equity for some seriously cool upgrades and renovations with the intention of getting it back, and more, when you sell. Not all projects are practical though, or created equal.

There are some hot, and some not so hot remodels and upgrades you can do to your home, so, we've gone into detail regarding some of the most practical and cost effective improvements you can make, and some of the worst.

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