As you begin your quest to buy a new home, it's important that you understand what you're getting into. This is especially true if you are a first-time home buyer. You have to be on top of your household budget and savings. That's because your current financial state will permit you to determine if you'll be able to cover the immediate upfront … [Read more...]
When it comes to buying a home, you need to know about your mortgage options. What you'll discover is that there are four types of mortgage loans. They include fixed rate, adjustable rate, interest only, and balloon. And for each type there will be a variety of terms and options that lenders will offer. But once you understand the big picture, … [Read more...]
Without a doubt, the two most popular types of home mortgages are fixed rate mortgages and adjustable rate mortgages. The fixed rate mortgage is the original belle-of-the-ball. But the adjustable rate mortgage is no shrinking violet, and has it's share of adoring fans. So, in this article, I'll take a closer look at the fixed vs adjustable rate … [Read more...]
When you begin your hunt for a new home, things may start off slowly and you might still be debating about neighborhoods and areas to narrow your search. That's perfectly normal and expected. But eventually, the process will get more serious and you'll decide on a price range. Once this happens, you'll probably want to determine if you'll be able … [Read more...]
If you're ready to get down to business and start shopping for a home, then pay close attention to the tips and information contained in this article. Specifically, I'll cover whether you should use a real estate agent or not, the various types of homes, and why you should have a house inspected before you sign on the dotted line. After reading … [Read more...]
If you're a bargain hunter, there are a few off-the-beaten-path home buying options or alternatives that could put you in a great home for a lot less than you would have expected. The alternatives include property short sales, foreclosures, and real estate owned (REO). Home Buying Tips Ninja Training Guide Introduction: Renting vs … [Read more...]
If your spidey senses have led you to a great house that you'd like to buy, it's time to get into a negotiating mindset. This article is all about how to make an offer on a house. You'll learn some key pre-negotiation tips, ideas for formulating an offer amount, insight into earnest money, and strategies for negotiating terms. Let's get … [Read more...]
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