Tag: Home Buying

Posted on 08/22/2022
Checklist for buying a house: First steps for would-be homeowners
If you’re feeling overwhelmed by the prospect of home buying, it can be helpful to create a checklist for buying a house. Using a checklist can help you right from the beginning, since there are several important steps to take before you even begin your home search, like securing a mortgage lender. To help get you started, here...
DTI
First Time Homebuyer
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Posted on 04/11/2022
Understanding Real Estate Contingency Types
In a home sale, there are many types of contingencies that might appear in the purchase contract. These special clauses provide ways for the buyer to back out of the sale if various conditions aren’t met. All contingencies are there to protect the buyer rather than the seller, but are usually up for negotiation depending on contract terms....
Contingency
Home Buying
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Posted on 08/16/2021
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 07/19/2021
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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