Tag: Home Buying

Posted on 04/17/2022
Benefits & Disadvantages to Higher Down Payments Homebuyers Should Consider
Buying a home requires extensive financial planning. While the widely accepted standard for down payments has been 20% of the purchase price for decades, many are wondering if that’s still required. In reality, there are ways to qualify for a mortgage with less than 20% down payment—even some options without a down payment at all. However, there are...
Down Payment
Home Buying
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Posted on 03/13/2022
Advantages and Disadvantages of Buying a Forever Home
For many prospective homebuyers, the thought of waiting for a forever home instead of a starter home can be tempting. After all, there are plenty of advantages to patience and careful saving until you can afford or find the house that’s perfect for you and your future plans. However, there are downsides to consider. Here we’ll go over...
Forever Home
Home Buying
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Posted on 07/18/2021
5 Reasons Why You Should Consider a Starter Home
Many first-time homebuyers face the choice between a starter home and a forever home. Every situation is unique but there are some key advantages to starter homes that exist across the board. Here we’ll go over the major reasons you might want to consider getting a starter home. Lower Price Starter homes are smaller and often in less...
First Time Buyer
Home Buying
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Posted on 06/27/2021
A Seller's Guide to Closing Costs
In a home purchase, both the buyer and seller need to pay closing costs. These costs are made up of several individual expenses from different sources and the list can look staggering at first glance. While the buyer typically has the longest list of fees to pay, sellers are still responsible for part of the bill. Here we’ll...
Closing Costs
Closing Costs
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Posted on 12/13/2020
What to Expect During the Closing Process
Image by mohamed Hassan from Pixabay The last step of any home sale is the closing. This is the time when the buyer and seller sign all the documents surrounding the sale, including the documents for the buyer’s mortgage. This is when money changes hands and, in most cases, the buyer gets the keys to the home. If...
Closing On A Home
Buyer Tips
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