Tag: Homebuyer

Posted on 02/20/2024
A First-Time Homebuyer's Guide to VA Loans
If you've served in the U.S. military, a VA loan might be an excellent way to finance your first home. If you're interested in using this benefit, it's important to know the steps involved. Here is a basic guide to buying your first home with a VA loan: Get Your Certificate of Eligibility A certificate of eligibility from...
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Posted on 01/10/2023
Assuming a VA Loan: Benefits & Drawbacks to Consider
Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...
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Posted on 07/20/2021
How Much To Put Down When Building a House
Photo by Karolina Grabowska from Pexels Most people who decide to build a new house plan on financing the construction via one of the multiple financing options available. However, the size of the down payment depends on what type of loan is taken out for the project. The following is a breakdown of what different loan programs commonly...
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Posted on 06/08/2021
Basic Loan Types to Help With Your New Construction
Image by 3D Animation Production Company from Pixabay When you're dreaming of moving into a new home, you envision every detail. But before you can make this dream home a reality, you need to consider the best way to finance it. Here are a few basic home loan types to consider. FHA Loans Homeownership can be the gateway...
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Posted on 04/06/2021
Time for the Contract - What It Should Include
Photo by Mohamed Hassan via PixabayBuying and selling real estate is a complicated process that takes time. Because you are making a life decision and dealing with strangers, you should always have a valid purchase contract. Real estate agents use a standard contract, but the buyer and/or seller may make changes to that contract. In making changes, be...
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