Pros and Cons of Buying a Foreclosed Home
Are you considering buying a foreclosed home? With the potential to find a great deal on a property that is significantly discounted, the appeal is understandable. Deciding to buy a foreclosure could reap major financial rewards, but keep in mind that there are big risks to consider as well. Read on for specifics, including pros, […]
Choosing A Refinance Company That’s Right For You
There are many compelling reasons you might want to refinance your mortgage – to obtain a better interest rate, to shorten the length of the loan term, to switch mortgage types. But to do that, you need to first choose the mortgage refinance lender that’s best for you. The right lender will help you structure […]
Buying a “For Sale by Owner” Home
You’ve found your perfect home, but soon learn that it’s “for sale by owner” (FSBO). While you shouldn’t shy away from these types of properties, you should understand the nuances of FSBO transactions, as they differ a bit from the typical home buying process. So what does FSBO actually mean? Traditionally, buyers and sellers are […]
Get Your Credit Mortgage Ready!
Just as a new year prompts some people to get into shape, house hunting can inspire others to pump up their credit score. But working to improve your credit is always beneficial regardless of the time of year, because a better credit score can lead to lower mortgage rates and better loan offers. So what […]
First Time Homebuyers: Questions We All Have
There are few things more exciting than exploring the world of homeownership. Perhaps after months of binge watching HGTV and swiping through listings on Zillow, you’re ready to make the leap. But the ins and outs of buying a home can be overwhelming, so it’s important to fully understand the home buying process, especially if […]
Can I Buy a House Without Putting 20 Percent Down?
If you’re thinking about buying a home but concerned that you can’t meet the minimum down payment requirements, there is good news. Yes, there are lower down payment options than the standard 20 percent. While a 20 percent down payment has traditionally been the standard for new homebuyers, times have changed. These days, mortgage lenders […]
Is a Reverse Mortgage Right For You?
If the word “retirement” resonates with you, you’re not alone. Retirees are enjoying long-awaited travel pursuits, moves to places they’ve been dreaming of and finally being able to check things off their bucket lists. Some of them are paying for these endeavors by taking out a reverse mortgage, which allows certain homeowners to tap into […]