Tag: Homebuyer

Posted on 03/25/2024

Assuming a VA loan can be a convenient and cost-effective way for veterans to finance a new home. By assuming a loan, the buyer can take over an existing mortgage when buying a home. Loan assumption can have numerous advantages for the buyer and seller, and is considered an often overlooked VA benefit. Here are some major reasons...

Assuming Loans

Homebuyer

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Posted on 01/01/2024

What to Expect from a Home That's Move-In Ready

If you’re searching for a new home, it’s important to be aware of the different terminology used for property conditions. Knowing the details of a property can help you avoid extra costs and frustration after purchase. “Move-in ready” is one term you will probably encounter in the housing market. Here is an explanation of what “move-in ready” actually...

Cosmetic

Functional

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Posted on 02/20/2023

VA Loans: Benefits & Disadvantages

If you're a veteran, a VA loan might seem like the perfect option for financing a home. However, there are some important differences between VA and conventional loans which could affect your decision. Here are some of the major pros and cons of VA loans to help you make the best financial choice: VA Loan Pros No Down...

Funding Fee

Homebuyer

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Posted on 07/25/2022

Getting preapproved for a mortgage: The basics

Getting preapproved for a mortgage is an essential part of the home-buying process. While it’s possible to wait before securing your financing, there are major benefits to getting preapproval early. For more information about preapproval, here are the basics to consider: When to get preapproval It’s recommended that would-be homebuyers obtain a preapproval letter from a mortgage lender...

Buying

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Posted on 02/21/2022

3 Major Advantages to Home Ownership

If you’re trying to determine whether it’s better to own or rent a home, there are many factors to consider. Both options have their merits and downsides. Owning a home might seem like the more overwhelming choice of the two, yet there are lots of reasons to consider it. Here are some of the major benefits to home...

Buying

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Posted on 07/19/2021

Buying an Old House? What to Look For

Photo by Wulfman65 via Shutterstock When you’re thinking about purchasing a home, an old house versus that new one is something to ponder. If you’ve thought about buying an older home, consider each of these areas before making an offer. Have your agent write contingencies into your contract, and by all means, don’t forego an inspection. Consider HazMat...

Homebuyer

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Posted on 07/05/2021

First-Time Homebuyers: Tips for Creating Your Game Plan

Photo by Fizkes via Shutterstock If you know absolutely nothing about buying a house, don’t learn the hard way. There’s plenty of information available to help you avoid the many potential pitfalls in the process. You want your first home buying experience to be exciting, not exhausting. Here are some tips to get you started the right way....

First Time

Homebuyer

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