Understanding Cash to Close
Understanding Cash to Close – if you have received your Closing Disclosure from your lender, you are almost done with your home buying journey. The Closing Disclosure, provided at least…
First-Time Homebuyer’s Checklist
First Time Home Buyer Checklist Ready to purchase your first home? Use this easy-to-follow checklist to navigate the path to home ownership. Determine Your Budget: It’s best to determine how…
How to Get Preapproved for a Mortgage
How to Get Preapproved for a Mortgage. Before you begin your new home search, talk to a lender about getting preapproved for a mortgage. This important step can save you…
5 Strategies to Save for a Home
Saving for home down payment. Buying a home is a big purchase, one that takes time to save up to afford. Many homebuyers use a mortgage to finance the majority…
Finding the Right Location to Buy a Home
Location to buy a home. They say that buying a home is all about location, location, location. But what if you do not know what location is right for you?…
Expenses First Time Home Buyers Need to Save For
Expenses First Time Home Buyers If you are getting ready to purchase your first home, there are a few expenses that you need to prepare for before getting to the…
Understanding an Appraisal Contingency
Appraisal Contingency. When buying a new home, you have the chance to put in a number of contingencies to the purchase contract to protect you during the process. A contingency…
Should I Buy or Rent?
The biggest question those considering homeownership need to answer is simple: Should I buy or rent my home? Here is a look at the pros and cons of each. Buying…
How Much Income Do I Need to Buy a House?
Homeownership is not just for the ultra wealthy. While income is an important factor when buying a house, knowing exactly how much you need to earn is not as simple.…
What You Need to Know About Cosigning a Mortgage
If your credit, debt, or income is keeping you from buying a house, you may be tempted to have another person in a more stable financial position help with your…
Popular Loans for Buying a Home
Finding a great deal on your home purchase requires that you understand the different types of home loans available. Here are popular mortgage products and who can use them. Conventional…
How to Buy a House with No Money Down
Do you dream of homeownership but can’t come up with the required down payment? Don’t worry. You may be eligible for a no money down mortgage. Some come with stipulations…