5 Things first-time homebuyers need to know about home inspections.

5 Things First-Time Homebuyers Need to Know About Home Inspections

The seller of the home you want to buy conducted a home inspection just a month ago. Isn’t that enough for you? Why should you spend the money hiring a home inspector? Your dad walked through the home with you and didn’t see anything. You can trust your dad…right? Take a look at the following infographic […]

The Homeownership Center Joins County Corp!

The HomeOwnership Center and County Corp have big news for you! County Corp expanded its portfolio of community strengthening services on January 1, 2017 by assuming the role of managing member of The HomeOwnership Center of Greater Dayton. Prior to this date, this role was held by St. Mary Development Corporation. For over thirty-six years, […]

Learn what you need to know about a home appraisal.

Home Appraisals

You’re getting ready for your home closing and everything looks good-to-go. What could go wrong? One of the most common hiccups in the process is a bad home appraisal. By bad, we are talking about an appraisal that says your dream home is not worth the money that you agreed to pay for it. Why […]

Old bank sign engraved in stone or concrete above the door of financial building concept for finance and business

How Do the Unbanked Buy Homes?

Recently, the Dayton Business Journal had an article indicating that 7.2% of Ohioans don’t have a bank account. The article goes on to say that those unbanked Ohioans pay over $65 million dollars in service fees as a result of not having bank accounts. And while that is a lot of money being paid by the […]

How is Your Mortgage Interest Rate Determined?

You might remember our previous post and that we discussed that when you apply for a mortgage, lenders try to determine how much risk you represent. That risk shows up in the form of the interest rate the lender will charge you. So, lets take a look into how your interest rate is actually determined by […]

Many Americans just assume that they won't be approved for a home loan without even trying.

You Know What Assume Means

We’ve seen many reports over the last few years that all-too-often show that Americans disqualify themselves from buying a home by assuming that they don’t qualify for a mortgage. They don’t even try. We may never know how many of those potential homebuyers would have actually been able to buy a home. However, you don’t […]

Student Loans and Buying a Home

Student Loan Debt and Buying a Home

If you have a lot of student debt and you are trying to buy a home of your own, you may quickly realize that your student debt is an obstacle. Why do a lot of student loan debt and buying a home not play well together? Student debt and back end Debt -to-Income Ratio (DTI): When […]

Thermostat mounted on the wall/

Estimating the Cost of Utilities for Your New Home

Google “new home budget” and you are likely to see a listing of web sites that show you how much it will cost you to buy a new home. That’s really great information that you should understand before buying a home. However, the actual cost of the home is only part of what it will […]

Should you buy an old home or a brand new home?

Should You Buy an Old Home or a New Home?

Spring is here, your lease is up soon, and you are about to begin searching for your first home. One question that has probably popped up is whether or not you should buy an old home or a new home? There are pros and cons either way. You have to ask yourself – What is […]

Are you ready to tackle that home improvement project? Here are 5 questions that will help you decide if the job is for you or for a professional.

Ready to Make Some Home Improvements?

May is National Home Improvement Month and chances are that you are thinking of tackling some home improvement projects all on your own. Many homeowners want to take on home projects to add value or simply make it their own.  If you are one of the growing number of American homeowners that are rolling up their […]