Buying a house can be an intimidating and overwhelming experience. Here are some key questions to ask yourself and sellers before plopping down a down payment.
Why Own a Home Instead of Rent?
There are times when it is better for a person to rent, but most often home ownership has many more benefits and advantages.
Septic Systems 101 for Home Buyers
If youre a city dweller who is looking for a home in the suburbs, its likely that youre looking at homes with septic for the first time. This situation tends to make buyers nervous. It neednt.
Easy Sell Your Real Estate for Good Price
FsboListAndSell.com has been ranked number 1 realtor website for sellers. Also consider that on average a seller not using the MLS on average receives 16% less or $32,000 for a $200,000 home.
10 Ways to Buy a Home With Little or No Money Down
There are many ways to buy a home, even if you have bad credit and little or no money to put down. A few of the basics are sweat equity, seller carry-back, rent-to-own, and community programs.
5 Major Reasons Why You Should Buy a Home Instead of Rent
There are times when it is better for a person to rent, but most often home ownership has many more benefits and advantages… When considering home ownership, you need to weight the advantages and disadvantages for yourself. If you are like most people, you will find that homeownership is worth the risks and disadvantages.
Refinance & Mortgage Tips: Down Payment From 401k Or 403b Retirement Annuities
If you are purchasing a home and have a substantial portion of your assets inside of a retirement account such as a 401K, 403B or other retirement product or annuity, you may choose the increasingly popular option of tapping those funds to make a down payment on your new home. Like any other accounts you may have in your name, such as brokerage accounts and bank checking, savings and money market accounts, most popular retirement accounts qualify as assets to be counted towar…
Refinance & Mortgage Tips: Down Payment From Savings
Once youve figured out how much of a down payment you can make on your home mortgage, its time to determine how to document the source of your funds for the down payment and closing costs. Now you might be saying, Why do they care where I get the money? Lenders need to verify the source of funds to both assess the underlying risk in you as a borrower as well as to prevent loan fraud. This makes it imperative for you, the applicant, to maintain complete and detailed record…
Refinance & Mortgage Tips: Down Payment With Gift Letter
If you are a first time home buyer who has been out shopping for that dream house, youve probably already heard your real estate agent or property developers first question: How much will you be putting down? If you have excellent credit, several years of consistent income on record and a relatively long history of using credit wisely, you may qualify for 100% financing, often referred to as a No Money Down Mortgage or Zero Down Home Loan. But for the majority of new …