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Welcome to HBlog - Harris Blog. As your local real estate solutions provider we are committed to including you in our learning process too! Knowledge is powerful, it is the key to progression, it can not be taken away from you and it's fun! Please check back here often for impactful information that we hope you find useful and we encourage you to share it!

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3 Simple Steps to Home Buying Process

Posted on November 2, 2015 at 6:30 PM Comments comments (0)

The decision to buy a home can be easy to make, but it is the process that goes into it that usually stumps people. The typical age for a first time homebuyer is 31 years, while that of a repeated buyer is 53. Additionally, about 33% of the homebuyers in 2014 were first time home buyers. 12% of home buyers choose to read through online information before making a home purchase and 43% of the buyers made use of internet to search for homes as their first step. Keeping this view in mind, it wou...

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How to Save $ For a Downpayment on Your 1st House

Posted on October 26, 2015 at 2:00 PM Comments comments (0)

When owning a house starts to become more of a reality than a dream, one of the first things that the new home seeker must consider is the down payment. How much should it be? How will I get it? How long should I be saving for? All of the aforementioned questions are sure to arise during the initial decision to become a homeowner. This article has a few pointers that you can use today, while saving for a downpayment to buy a house.

Timing

The decision to buy a house ...

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The Time Value of Money and the Rule of 72

Posted on July 28, 2015 at 12:20 AM Comments comments (0)

Time is literally money. Inflation, the rate of interest, and how interest is calculated has a tremendous affect on the future value of your money. If I offered you one hundred dollars would you take it today or tomorrow? The average person would not even give that question a second thought and take the money now. That average person would be making the correct decision. The basic concept of the time value of money is that money received today is worth more than money received in the future. ...

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Overcoming Debt to Purchase A Home

Posted on July 19, 2015 at 12:10 AM Comments comments (0)

A report by National Association of Realtors has stated that 88% of the buyers in the US have financed their home purchase. Despite this, many people have reported that the process of getting finance for their home buying endeavor is a nerve-racking experience. Many people put off their dream of buying a home because they find it hard to overcome their existing debt and purchase a home. Here are some simple tips on how to overcome your debt situation and purchase a home:

• Remove ...

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Owner Financing

Posted on July 7, 2015 at 12:20 AM Comments comments (0)

In the US, twenty percent of property owners use some form of alternative financing when selling their home. Owners act as lenders because by doing so, they have more takers for their property. Some property sales might not happen because a property or person doesn’t qualify according to an institutional lender’s standards. Some reasons why people might not qualify include:

• person is self employed

• bad credit or no credit

• 1st time homebuy...

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