In the intricate world of real estate, buyer’s agents play a pivotal role in helping individuals navigate the complex process of purchasing a home. The services they off, from identifying suitable properties to negotiating deals. But how do buyer’s agents make money? Understanding their revenue model can provide insights into the real estate market and help buyers make informed decisions. This comprehensive guide will delve into the various ways buyer’s agents earn their income and the factors that influence their earnings.

You may be considering a construction-to-permanent loan if you're weighing your options for buying a new build. Construction-to-permanent loans offer a flexible and economic solution for financing new home construction. These loans are designed to cover both the construction and permanent mortgage phases of building a new home, combining the two into a single, efficient process. This guide will explore the key features, benefits, and considerations of construction-to-permanent loans to help you determine if this financing option is right for your homebuilding project.

Did you know that there is a dedicated savings account for first-time homebuyers that has tax incentives? First Time Homebuyer Savings Accounts (otherwise known as FHSAs), or “First Home Savings Accounts” are a longstanding popular concept in Canada and have recently been introduced in the US to help offer incentives for Americans saving for their first homes, offering benefits like tax advantages, competitive interest rates, exclusive savings and discounts, and homebuyer-specific features and tools.

The NAR settlement has created a lot of conversation in the industry this summer, and it went into effect last week. Here's a letter that our Founder, Landy Liu, shared with Foyer members this week: 

Have you heard the terms FHA loan, VA loan, and USDA loan but aren’t sure what’s right for you? Are you trying to understand whether or not a government loan is right for you at all compared to a conventional mortgage? Navigating the mortgage market can be daunting, especially for first-time homebuyers. Government-backed home loans provide a valuable option for those who may find it challenging to secure a conventional mortgage. These loans often offer lower interest rates, more accessible qualification criteria, and reduced down payment requirements. This guide will help you understand the key government-backed mortgage options available and how they can support your journey to homeownership.

Navigating the real estate market can be overwhelming for first-time homebuyers. Among the many options available, condos, townhouses, and single-family homes tend to be the most popular choices. Understanding the differences between these types of properties, as well as the pros and cons of each will help you make an informed decision.

If you're considering taking out a conventional loan for your mortgage, you might wonder whether a home inspection is necessary. While conventional loans are not backed by government agencies like the FHA or VA, there are some important factors to understand regarding home inspections in this context.

We are excited to share the findings of the Foyer Q2 First Time Homebuyers Survey, based on 250 app users surveyed in Q2 2024.

Are you an aspiring homebuyer in Florida? Check out our guide:

If you're a renter but dreaming of becoming a homeowner, listen up! Saving for a down payment can feel overwhelming, but with some smart strategies and a little creativity, you can make it happen. Here’s a guide on how to save for a down payment while making the most of your rental situation.