Welcome to National Financial Literacy Month! At Jennifer Young Homes, we believe that understanding personal finance is essential, especially when it comes to purchasing a home. As we celebrate this month dedicated to raising awareness about financial literacy, we want to focus on one crucial aspect of the homebuying process: building credit.
In today's bustling real estate market, where demand often surpasses supply, handling multiple offers has become a common occurrence for both buyers and sellers. At Jennifer Young Homes, we understand the challenges this presents and are here to guide you through with...
An assumable loan in real estate is a type of mortgage that allows a new buyer to take over the seller's existing mortgage under its current terms, rather than obtaining a new loan. This means the interest rate, repayment period, and remaining balance of the mortgage...
If you're a homeowner looking to optimize your mortgage terms and potentially save money, mortgage refinancing could be the answer you're seeking. In this article, we'll explore the fundamentals of mortgage refinancing, its benefits, and the key considerations you...
Purchasing a home is a significant investment. For most, it’ll be one of the largest purchases of their lifetime! As such, many homeowners decide to finance their purchase with a mortgage loan but are lost when it comes to the process. In this article, we’re breaking...
Are you like some Americans and finding yourself behind on mortgage payments or in fear that you may soon become behind? If this is you, you’re not alone; many other Americans are finding themselves in this situation due to high rates of inflation or other financial...
3 Tips for Living in DC on a Budget Moving to DC and wondering how in the world you’ll be able to make it work on a budget? You’re not alone. However, while DC has one of the highest costs of living in the country, there are a number of things you can do...
Home Appraisals: Everything You Need to Know Buying, selling, or refinancing a home and curious about home appraisals and how they come into play? Look no further! In this article, we’ll be breaking down everything you need to know about...
Understanding Loan Pre-Approval When it comes to buying a home, preparedness is everything. While there’s so many things to consider, one of the best ways you can prepare yourself as you begin your search is to get loan pre-approval. Not only does...
Investing in rental property is a way for many to take advantage of monthly cash flow while seeing the asset increase in value over time. There really isn’t any type of investment that provides both benefits as rental property can. That’s why many diversify their...