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Category: House Hunting

When to Consider a Rent-to-Own Arrangement

The purchase of a rent-to-own property is a great way to enter the world of homeownership. If you are either short of a full down payment and/or closing costs, or find yourself with credit challenges, this may be the way to go for you. A rent-to-own program, which may also be called a land contract, […]

Buying vs. Renting

Even in the face of rising home prices in many areas and increasing mortgage rates, it’s still an amazing time to be purchasing a home. This is never more true than for the first-time home buyer. If you’re in the “first-time home buyer club”, you may be conflicted over whether to buy or rent. You’ll […]

Now's a Good Time to Think About Buying a Home

  After last year’s surge, housing prices are leveling off in some areas as the real estate market cools. And sellers are motivated. Their homes may have been on the market since late winter or early spring. Anxious to sell their properties, they now may be prepared to consider lower offers. Also, as the school […]

An Appraisal May Make or Break Your Deal

An appraisal is an important part of any home purchase. This is an evaluation, ordered by lenders, that tells us exactly what our money is going towards; because we focus on the actual value of your property, appraisals are different than home inspections. An inspection looks deeply into the condition of a property, but is […]

Ready to Buy a Home? Start With These Key Steps

Buying a home is a very exciting time for anyone.  You might be confused as to how to get started and what the first step is. Follow these first steps to obtain pre-approval for a loan and you’ll be on the right track. Step 1: Identify Your Needs and Wants Begin your search by considering […]

What You Should Know About Appraisals

Appraisals have been, and continue to be, game changers in real estate transactions. So it’s important to do your research upfront, before you put in an offer on a property. Bear in mind that appraisers, who are making significantly less money per appraisal than they did pre-meltdown, probably won’t go out of their way for […]

A Review of Down Payment Minimums

In light of the recent Fannie Mae decision to raise the minimum down payment, now is a good time to review the minimum down payments for the major program options you will likely use to finance your new home. No one program is better than any other, and each has advantages above and beyond your […]

It's Not Just About Your Down Payment

Purchasing a home is exciting and an adventure – even for second-time buyers. However, seasoned buyers are more likely to remember something first-timers may not realize … Your initial investment may be more of an investment that you thought. That scary down payment isn’t the only cost you need to consider. You also have to […]

You Now Have a Host of Options for Getting a Mortgage

When you shop for a mortgage these days there are several different ways that you can go about it. These different channels, as they are called, offer the mortgage consumer a host of options. Mortgage brokers Brokers work with you — the borrower — to determine your needs. Then they go out and shop your […]