Tag: Financing

Posted on 09/25/2022

Tips for Navigating a Hot Housing Market

In real estate, a “hot market” refers to a market with lower inventory and higher demand. When the market is hot, there is more competition for property and this can make buying a home more difficult. If you’re trying to buy a home, here are some tips for how to navigate a hot market. Start With a Broad...

Broad Search

Compromises

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Posted on 01/31/2021

Picking the Right Financing for Your Home

Photo by Vlada Karpovich from Pexels While your credit score will play a role what your mortgage interest rate will be, there are also various types of loans that can increase or lower your monthly mortgage payment. In general, there are two specific loan types, adjustable rate loans, known as an ARM and fixed rate. However, within these...

Financing

Home Loan

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Posted on 01/03/2021

What Documents Do You Need When Buying a Home?

Photo by Andrea Piacquadio from Pexels While the home buying process is exciting, applying for a mortgage can be time-consuming. Paperwork is a big part of the mortgage process and the better prepared you are, the more likely it is to go well. In fact, if you are considering getting preapproved for a mortgage, lining the paperwork up...

Documents

Financing

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Posted on 09/27/2020

Land Contract Vs. a Mortgage

Image by Shutterbug75 from Pixabay With a mortgage, a buyer is applying for financing to purchase the property in its entirety. They're relying on their credit and assets for approval before assuming responsibility of the full property. In a land contract, you're cutting out the need for a formal lender and relying on the seller to approve or...

Loans

Financing

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Posted on 08/09/2020

Saving Strategies For a New Home Purchases

Image by Nattanan Kanchanaprat from Pixabay Preparing to purchase a home? It’s time to get your finances in order. Although this is an exciting time, you’d be surprised to learn how much a new home purchase can leave you strapped for cash. Saving for your home can get you prepared to have money for your down payment and...

Saving

Savings Plan

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