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Closing costs are 2-5 percent of the purchase price of a home, resulting in an average of $3,700 in fees for paperwork required to buy a house. Thats a lot of money to come up with when you may have already put everything toward a down payment.Some fees from mortgage...
The value of your home is influenced by price, time, and market conditions. As your local real estate professional, my goal is to assist you in the determination of the value of your home by giving you current, factual data on the market conditions and the average...
If you’re looking for a unique home, you may be considering buying a historic house.Here are the pros and cons of purchasing a historic home.ProsA Home With a Story " If living in a famous persons old property excites you, a historic home might be perfect.Unique...
Unlike a second home, where a homeowner lives for a portion of the year, an investment property is property that the homeowner uses to generate income, and in most cases,is not occupied by the homeowner at any time. Trying to figure out if your next home falls under...
For veterans or service members looking to buy a home with a Veterans Affairs loan, there are some extra steps to take and home condition requirements that arent needed with other types of loans.The home must be safe, clean, in good condition and move-in ready, partly...
Published with permission from RISMedia.
When applying for a home loan, it’s important to keep in mind how much monthly mortgage you can afford. Through the approval process, lenders will factor in your credit score, income and other financial data to determine the maximum loan amount youre eligible for, and...
A 30- or 15-year, fixed-rate mortgage with the same payment amounts each month is one of the most common ways to buy a home"but not everyone can qualify for a traditional mortgage, or has the money set aside for a sizable down payment so they can get a low-interest...
So you’ve decided to make the big move, and now it’s time to put everything in boxes. First you think big-picture (furniture), and then you think small-picture and realize you own much more than you ever imaged. Packing can be a daunting task, but with some extra...
If you’re shopping for a home loan, you’re likely focusing on interest rates. Below are a handful of questions you may have about the art of the interest rate.How are interest rates determined? Interest rates are influenced by shifting economic indicators in your...
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Closing costs are 2-5 percent of the purchase price of a home, resulting in an average of $3,700 in fees for paperwork required to buy a house. Thats a lot of money to come up with when you may have already put everything toward a down payment.Some fees from mortgage...
The value of your home is influenced by price, time, and market conditions. As your local real estate professional, my goal is to assist you in the determination of the value of your home by giving you current, factual data on the market conditions and the average...
If you’re looking for a unique home, you may be considering buying a historic house.Here are the pros and cons of purchasing a historic home.ProsA Home With a Story " If living in a famous persons old property excites you, a historic home might be perfect.Unique...
Unlike a second home, where a homeowner lives for a portion of the year, an investment property is property that the homeowner uses to generate income, and in most cases,is not occupied by the homeowner at any time. Trying to figure out if your next home falls under...
For veterans or service members looking to buy a home with a Veterans Affairs loan, there are some extra steps to take and home condition requirements that arent needed with other types of loans.The home must be safe, clean, in good condition and move-in ready, partly...
Published with permission from RISMedia.
When applying for a home loan, it’s important to keep in mind how much monthly mortgage you can afford. Through the approval process, lenders will factor in your credit score, income and other financial data to determine the maximum loan amount youre eligible for, and...
A 30- or 15-year, fixed-rate mortgage with the same payment amounts each month is one of the most common ways to buy a home"but not everyone can qualify for a traditional mortgage, or has the money set aside for a sizable down payment so they can get a low-interest...
So you’ve decided to make the big move, and now it’s time to put everything in boxes. First you think big-picture (furniture), and then you think small-picture and realize you own much more than you ever imaged. Packing can be a daunting task, but with some extra...
If you’re shopping for a home loan, you’re likely focusing on interest rates. Below are a handful of questions you may have about the art of the interest rate.How are interest rates determined? Interest rates are influenced by shifting economic indicators in your...