Tag: Homebuyers

Posted on 04/07/2024
The best way to buy a house: 4 Homebuying tips to know
Many first-time homebuyers want to know the best way to buy...
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Posted on 06/27/2021
What to Keep in Mind When Looking for a Starter Home
First-time buyers looking for a starter home have a wealth of choices available. While a starter home won’t include everything on your dream home wish list, you will find something to suit your short-term needs at an affordable price. However, beyond that it might be hard to know where to start. Here we’ve put together some basic tips...
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Posted on 01/12/2020
Is a Balloon Mortgage Right for You?
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...
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Posted on 08/25/2019
How To Lower Your Closing Costs
The closing cost is the last sum of money home buyers to pay after which there will be no further payment. The closing price can be surprisingly huge. This bill ranges from 3% to 6% of the mortgage. Do the math, and this means that the closing cost on a $300,000 home is around $9,000 to $18,000. It...
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Posted on 02/11/2019
Would You Make A Good Landlord?
So, you want to buy a property and offset it with rental income, but a multi-family or apartment complex is a bit too rich for your bank account? No problem! Most of the steady increase in new renters comes from young millennials, and you can cash in on this increase as well by buying just a slightly larger...
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