Tag: Homebuyers

Posted on 09/13/2023

VA Loans & Conventional Loans: Which Is Best for First-Time Homebuyers?

You have many choices for financing your first home purchase. If you're a U.S. veteran, it might seem like an easy decision to opt for a VA loan over a conventional loan. However, understanding the major differences between the two options will help you get the best financing for your needs. Here are the basic things first-time homebuyers...

Conventional Loans

First Time

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Posted on 07/12/2023

The best way to buy a house in any market

Many first-time homebuyers want to know the best way to buy...

Homebuying

Homebuyer Checklist

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Posted on 11/03/2021

Benefits & Disadvantages to Higher Down Payments Homebuyers Should Consider

Buying a home requires extensive financial planning. While the widely accepted standard for down payments has been 20% of the purchase price for decades, many are wondering if that’s still required. In reality, there are ways to qualify for a mortgage with less than 20% down payment—even some options without a down payment at all. However, there are...

Down Payment

Home Buying

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Posted on 02/26/2020

Pros and Cons of Balloon Mortgages

Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...

Mortgage

Financing

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Posted on 01/22/2020

Buying a Home with a Minimalist Mindset

Are you a minimalist? If you’ve heard this question recently, you may be wondering just what it means and how does it affect you. It is NOT a set of rules.It is NOT about how much you own. It is NOT about how much money you earn. It is NOT about buying specific items or giving up certain...

Trends

Homebuyers

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Posted on 06/19/2019

Keeping the Cost of Moving Supplies Down

Moving is a big deal. You spend money to have people take your stuff from one place to another. You pay more to get the supplies into which you pack your belongings. Then don't forget you spend the time to put all of your possessions into the hands of said people to move your items. Man, that is...

Moving Tips

Packing

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Posted on 06/12/2019

5 Key Mortgage Factors you Should Know

Are you planning to buy a home? There is a chance that you will need a mortgage to finance the purchase. You can get mortgages from credit unions, banks, or other financial institutions. The fact is that you must meet some basic qualifying criteria before you qualify for a mortgage. Depending on the lender, there are different requirements...

Personal Finance

Homebuyers

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