Tag: Homebuyer

Posted on 12/01/2024
Assuming a VA Loan: Pros & Cons to Consider
Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...
Assuming Loans
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Posted on 05/01/2022
Assuming a VA Loan: What You Should Know
Assuming a VA loan can be a convenient and cost-effective way for veterans to finance a new home. By assuming a loan, the buyer can take over an existing mortgage when buying a home. Loan assumption can have numerous advantages for the buyer and seller, and is considered an often overlooked VA benefit. Here are some major reasons...
Assuming Loans
Homebuyer
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Posted on 02/13/2022
FHA Loan: What to Consider When Applying for One
If you're in the market for your first home, there's a good chance you'll need to take out a mortgage. One of the most popular mortgage types (especially for first-time buyers) is known as a Federal Housing Administration (FHA) loan. What is an FHA Loan? Specifically, an FHA loan refers to one that is backed and insured by...
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Posted on 11/28/2021
Your Pre-Home Search Checklist
Buying a house is a complicated financial and logistical process. The right preparation can make a huge difference in making the process go as smoothly as possible. Here is a list of the most important things to do before buying a home to help you prepare: Check Your Financials There are a few financials you should check on...
Checklist
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Posted on 09/26/2021
3 Ways to Prepare Your Credit Before Your House Hunt Begins
Shopping for a new home should be an exciting experience, but if you are unsure of where you stand with your credit, it can be a little nerve-wracking. Having good credit will not only help you secure more favorable interest rates for your mortgage, but it can also help you avoid less favorable loan structures, higher down payments...
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Posted on 05/30/2021
House Flipping: 4 Costly Mistakes That Are Completely Avoidable
Image by Free-Photos from Pixabay The potentially high-profit world of house flipping typically gets ambitious entrepreneurs going on the offensive. House-flipping profits reportedly topped an average of $67,000 in 2020, proving that the ambitious can certainly earn a good living in the industry. But the other side of the coin doesn’t always trend in the news or social...
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Posted on 05/16/2021
4 Simple Ways to Save on Your Dream Home
Image by Paul Brennan from Pixabay Building a new home is more affordable than many people realize, and it’s sometimes even cheaper to build new than to buy previously owned. Some tactics can make what’s already an affordable home solution even more affordable. If you’re looking to build but are on a budget, here are four ways to...
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