If you’re ready to buy a home, before you even start going to see properties, it is a good idea to obtain a preapproval letter from your mortgage lender. Especially in a competitive housing market, sellers will take you more seriously if they see you alre
Dec 06, 2022 | Purchasing a Home
With home prices skyrocketing over the past few years, more first-time buyers are enlisting the help of more seasoned homeowners - namely their parents or grandparents - to be co-borrowers with them. In fact, since 2020, the percentage of young adult buye
Nov 29, 2022 | Purchasing a Home
Not all homeownership looks like a single-family home with a white picket fence. There are all sorts of property types to help Americans realize the dream of becoming a homeowner. Condominiums, also known as condos, can be the perfect option for those who
Nov 15, 2022 | Purchasing a Home
Buying a vacation home can be an excellent investment, whether you are planning to use it exclusively as your own private escape or if you plan to rent it out for some extra income, or some combination of the two. However, purchasing a second home is a we
Nov 08, 2022 | Purchasing a Home
The most common home loan, by far, is the 30-year fixed-rate mortgage. It spreads out the principal and interest in an amortized pattern over three decades, allowing for manageable payments. It’s a good solid loan structure beloved by lenders and borrower
Nov 01, 2022 | Purchasing a Home
In today’s competitive housing market, it is smart to look at all the possible avenues for becoming a homeowner. Especially if you are a first-time buyer or have less-than-perfect credit, it can be difficult to break into the market. One option you could
Oct 11, 2022 | Purchasing a Home