Make sure you know everything about your neighborhood before you close on your home, including any Homeowners' Association rules. Read on for pros and cons of HOAs.

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Because five is just too many, we wanted to give our potential home buyers FOUR questions to ask themselves to discover if they are ready to buy a home! Purchasing or refinancing a home can be one of the biggest milestones in your life. At NOVA® Home Loans we want your home buying experience to be a smooth and effortless process. To ensure a successful transaction it’s important to evaluate your lifestyle. Do you have a good source of income? Do you have money for a down payment? If your answer to these questions is “I don’t know?” call or start your application with a NOVA® Home Loans Loan Officer today to find out if you are ready to buy or refinance your home!

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Home Inspections: What You need to know

Congratulations! You've decided on a home to purchase and your offer has been accepted! One of the next big hurdles you will need to finish will be the home inspection. You don't want to skimp on inspecting something that could be costly to remedy in the future, but you also don't want to waste your cash on things that are unnecessary. We have developed a guide and explanation for some of the most common home inspections, as well as questions to ask and estimated prices. 

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Housing in Maricopa County, AZ

Deciding when and where to buy a house can be a grueling process. First, you must consider your personal situation and then determine which economic factors make buying a good solution. Take a look at this infographic, made for Maricopa County specifically. Now is a great time to buy! 

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Renting vs Owning

The decision to purchase a home or keep renting is one of the biggest decisions you will ever face. There are definitely benefits and drawbacks to renting and owning, it truly depends on your situation, however, this short video will provide some thought provoking information. Take a listen!

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All About Escrow

Escrow is one of those big, scary words that people often shy away from, but today, you will learn what it means, how it works, and why it's a great feature to have for both home buyers and home sellers (and just about all parties involved)! 

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Holiday Safety Tips from NOVA Home Loans

You can never be too careful when it comes to safety around the house. This season, keep your eye out for some of the extra hazards that might be lingering around the house during your holiday festivities!

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Loan Officer spotlight: What Credit Score Do I Need to Buy a House?

Your Credit Score is a very important factor in the home buying process. This number helps banks decide if they should lend you money for this big purchase. There are multiple factors in this score and a lot you can do to improve your score. This week, Crystal Ralston, Senior Loan Officer, delves into the Credit Score conundrum and discusses ways to improve your score to get you ready to be a home owner!... read more

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7 Factors of a Purchase Contract

From a Buyers Perspective

If you have ever made an offer on a home or even glimpsed at all of the paperwork involved in doing so, you know there are multiple factors that can either positively or negatively impact your future in that home. While the hope is that you are working with an excellent agent, you should be aware of these 7 elements to specifically discuss with your real estate agent and/or your loan officer. While this information is in no means meant to be exhaustive, this will give you a good grasp on where to focus in your home purchase contract!

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