Five Ways to Save for Buying a Home
Buying a home is a dream that many have, but the idea of ever saving enough money for a down payment and closing costs can be overwhelming. Many people with aspirations of owning a home also have large amounts of…
Eight Things You Must Know About Conventional Loans
The conventional loan is one of the most commonly used loan products to purchase a home. Also known as a conforming loan, this loan complies with Fannie Mae and Freddie Mac lending requirements. If you're considering purchasing a new home,…
What Are Closing Costs
Many buyers frequently ask the question, "how much are closing costs?" Buyers can estimate that closing costs will be between 3 and 5 percent of the purchase price of the home. The exact amount varies depending on a buyers financials,…
When The Appraisal Comes In Low
When you buy or sell a home, and a mortgage lender is involved, an appraisal is required. The appraisal is an estimate of a property's value and is required by the lender to make sure that the value of the…
Preventable Common Buyer Mistakes
You have decided to buy, and now you are saving your pennies. My parents always preached “save your pennies and the dollars will take care of themselves.” However, despite your efforts to put aside money for a down payment and…
All Your Burning Questions About Home Buying – Answered!
Whether this is your first time buying a home or you're a seasoned buyer, you will certainly have questions. Here is a list of some of the more commonly asked questions, finally answered. How long does the buying process take?…
Home Buying Process: All The Way To Closing
Buying a home is typically the largest purchase an individual will make in their lifetime and one of the most exciting too! It can be daunting and frustrating at times, especially without proper communication from all those involved. A typical…