Tag: Homebuyers

Posted on 11/26/2023
First-Time Homebuyer Financing: Comparing VA Loans & Conventional Loans
You have many choices for financing your first home purchase. If you're a U.S. veteran, it might seem like an easy decision to opt for a VA loan over a conventional loan. However, understanding the major differences between the two options will help you get the best financing for your needs. Here are the basic things first-time homebuyers...
Conventional Loans
First Time
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Posted on 06/19/2022
4 Contingencies for Homebuyers to Know
In a home sale, there are many types of contingencies that might appear in the purchase contract. These special clauses provide ways for the buyer to back out of the sale if various conditions aren’t met. All contingencies are there to protect the buyer rather than the seller, but are usually up for negotiation depending on contract terms....
Contingency
Home Buying
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Posted on 04/04/2021
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...
Homebuyers
Financing
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Posted on 07/28/2019
Renting Versus Buying - All About the Money
There are several ways to think about renting versus buying. Conventional wisdom might say that buying, and therefore owning, a home is always better. However, your situation may be different. Before you jump in the buying pool, consider how the costs might stack up for you. How to think about housing. Say that you are moving to a...
Renting A House
Homebuyers
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Posted on 03/24/2019
What to Consider Before Deciding to Buy That House
Buying a new home is something to which a lot of people look forward. Although it involves a lot of planning, stress and negotiating, the sense of fulfillment that comes when you finally move in is always an extraordinary feeling. However, at the same time, buying a new home is more than just signing some papers and moving...
Homebuyers
Relocate
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