Tag: Home Buying

Budgeting for buying a home can seem daunting, but one of the best ways to make it easier is to figure out the average closing costs for buyer hopefuls. There are various service charges bundled together to make up closing costs, and some can vary significantly based on location and specific property. Here are some of the most...

Appraisal

Closing Costs

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Posted on 07/22/2022

3 Ways to buy a house with bad credit

Your credit score matters to mortgage lenders, but that doesn’t mean it’s impossible to buy a house with bad credit. In addition to other loan options, there are other strategies for buying a home if your credit report is less than ideal. Here are some of the ways you can work toward buying a house with bad credit:...

Bad Credit

Credit Score

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Posted on 04/29/2022

New construction home buying process: Knowing your options

The new construction home buying process differs significantly from the buying process for an existing home. However, one thing that remains the same in each case is that no two homes are exactly alike. While it’s common for newer developments to have “cookie cutter” homes with similar layouts, many builders have options for customization. Here is a basic...

Custom Homes

Home Buying

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Posted on 01/14/2022

Understanding Closing Costs for Buyers

In a home sale, both the buyer and the seller have to pay what are called closing costs. These final expenses include an entire list of taxes, fees and other miscellaneous costs. While sellers usually pay some of the closing costs, buyers still need to prepare for their share of the bill. Here we’ll go over what the...

Closing Costs

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Posted on 12/24/2021

Here's Why You Should Consider a Bigger Down Payment When Buying a Home

Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...

Down Payment

Financing

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Posted on 10/22/2021

Financial Factors to Consider When Buying a Home

Whether you’re planning on buying investment property or a new home, there are financial factors to consider. Knowing the details of your financial situation will help you make the best decision and help avoid unnecessary stress. If you’re trying to decide between renting and buying, here are some of the main financial things to go over: Savings Most...

Credit Score

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