Crib Equity Blog

Agents: Experienced guides in your home-buying journey

Agents: Experienced guides in your home-buying journey

Introduction Navigating the home-buying process can often feel like steering through a maze of financial, legal, logistical and emotional challenges. How do you ensure you're making a wise investment? What strategies can safeguard you from common pitfalls? Enter the role of realtors, professionals whose expertise can help guide

Impact of family wealth on homeownership

Impact of family wealth on homeownership

Homeownership is celebrated as a critical step toward financial security, yet its accessibility is significantly influenced by one's family background. This article explores the substantial wealth gap that exists between homeowners and renters along with how the ability to receive a down payment ‘gift’ from family is impacting

Potential hidden impacts of the NAR commission ruling

Potential hidden impacts of the NAR commission ruling

The National Association of Realtors (NAR) recently settled a lawsuit that contended that MLS (multi-listing service) requirements for sellers to pay both seller and buyer's agent commissions was artificially inflating realtor commissions at around 6% of the transaction price. While commissions have always been negotiable, a significant requirement

Everything to know about mortgage insurance

Everything to know about mortgage insurance

Mortgage insurance (sometimes referred to as MI or PMI) might be the quiet sentinel on the path to homeownership, subtly deciding who gets to claim the keys. This financial safeguard is crafted to protect lenders, while being paid for by borrowers/buyers, yet it's a vital element for

Financial roadmap for your homebuying journey

Financial roadmap for your homebuying journey

Embarking on the homeownership journey requires advance planning to avoid some common pitfalls and minimize overall expense. This checklist will help to ensure you are aware of some of the less obvious costs and preparatory steps you can take as you are saving and planning for your home purchase. Grasping

Exploring Different Mortgage Options: Which One is Right for You?

Exploring Different Mortgage Options: Which One is Right for You?

Choosing the right mortgage is a critical step in purchasing a home and can significantly impact your financial health for years to come. This guide will walk you through essential considerations and the various mortgage types to help you find the perfect fit for your financial situation and homeownership goals.

Down payments: A homebuyer's guide

Down payments: A homebuyer's guide

Is the purchase of your dream, or maybe your first, home within reach? The answer likely depends heavily on your down payment. This crucial first step in home buying is often misunderstood, yet it plays a significant role in the timing, cost and often the mortgage terms you ultimately receive.

The challenge of affordability for first-time home buyers

The challenge of affordability for first-time home buyers

Is housing affordability a distant dream for first-time buyers? Let's explore. The current state of the housing market The housing market is a challenging terrain, particularly for first-time buyers. Current statistics don't paint a rosy picture: home values have soared to record highs, necessitating larger down

Avoiding common home buying mistakes

Avoiding common home buying mistakes

Did you know that 82% of millennial homeowners have at least one regret about their first home purchase? That's right. Buying a home is a significant financial commitment, and one that shouldn't be taken lightly. To make the process smoother and avoid common pitfalls, it'

Homeownership as a path to wealth creation

Homeownership as a path to wealth creation

Is there a reliable way to build wealth and secure financial stability? Homeownership might be the answer. This article explores the strong link between owning a home and wealth accumulation, underscoring the significance of understanding the financial benefits of homeownership. The wealth gap between homeowners and renters When it comes

Making homeownership dreams a reality sooner

Making homeownership dreams a reality sooner

While the dream of owning a home remains an integral part of the American Dream, the reality of achieving this dream is becoming more elusive. Co-investment and shared ownership is a path that can enable first-time homebuyers to realize their homeownership dreams sooner.

Strategies to boost your down payment and cut mortgage costs

Strategies to boost your down payment and cut mortgage costs

Explore a variety of strategies for acquiring a down payment, from traditional methods to more innovative solutions and the importance of choosing a path that aligns with your financial situation and homeownership goals.

Resolving to purchase a new home in 2024?

Resolving to purchase a new home in 2024?

As we pop the cork on 2024, the Crib Equity team is contemplating our progress from 2023 and our resolutions for the New Year. Collectively our team is more resolved than ever to support the personal and financial goals of homeowners with a more affordable home purchase path. Personally, our

Losing the American Dream: How wealth inequality locks out new homebuyers

Losing the American Dream: How wealth inequality locks out new homebuyers

Challenges and solutions for new buyers in a market defined by existing wealth The dream of homeownership, once a visible and attainable milestone for most, has increasingly become a mirage for many in today’s real estate market. As we stand at a point of historic home unaffordability, the down

Feeling down about your down payment? You're not alone.

Feeling down about your down payment? You're not alone.

But, don't worry, there is something you can do about it.

Why we're building Crib Equity

Company Featured

Why we're building Crib Equity

A more affordable path to homeownership matters to us Home ownership has long been central to the American Dream, and for good reason. Owning a home provides a sense of pride and accomplishment, as well as stability and security. It allows individuals and families to put down roots and historically

The 5 most important considerations for buying the perfect home

The 5 most important considerations for buying the perfect home

There are many factors to consider when purchasing a home. We're here to guide you through the process.

How much home can you afford?

Home Purchase Featured

How much home can you afford?

The prospect of owning a home may seem like a lofty dream, but with the right mindset and knowledge, becoming a homeowner is an attainable feat.