Tag: Homebuyers

Posted on 10/21/2024
VA Loans & Conventional Loans: Which Is Best for First-Time Homebuyers?
You have many choices for financing your first home purchase. If you're a U.S. veteran, it might seem like an easy decision to opt for a VA loan over a conventional loan. However, understanding the major differences between the two options will help you get the best financing for your needs. Here are the basic things first-time homebuyers...
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Posted on 04/07/2024
Prepare for buying your first home: Steps in the process
What are the steps in buying your first home? The...
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Posted on 06/18/2023
5 Most Common Types of Loans Available to Veterans
For U.S. military veterans, there are many financing options available for buying a home. What's typically called simply a "VA loan" can actually mean multiple specific types of loan. Depending on your situation, you might find one more helpful than the other. Here is a basic guide to the different types of loans available to veterans: VA No-Down-Payment...
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Posted on 10/10/2021
Advantages and Disadvantages of Buying a Forever Home
For many prospective homebuyers, the thought of waiting for a forever home instead of a starter home can be tempting. After all, there are plenty of advantages to patience and careful saving until you can afford or find the house that’s perfect for you and your future plans. However, there are downsides to consider. Here we’ll go over...
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Posted on 10/13/2019
What Mortgage Lenders Ask About Your Income
The process of applying for a mortgage is tedious and time-consuming; it requires you to answer personal questions about your finances. To ascertain your credibility for a mortgage, lenders structured the application process in such a way that allows them to get as much information about borrowers either directly or indirectly. Before you decide to apply for a...
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Posted on 10/06/2019
Understanding BPOs in Real Estate
BPO stands for ‘broker price opinion.' It is associated with short sales and foreclosures. BPO involves a process that is almost the same as real estate appraisal but not as complicated. Banks and companies usually hire the services of a real estate broker to prepare an opinion of value for a particular real estate. The representative of the...
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Posted on 07/07/2019
Small Investments Can Still Be Profitable
So, you want to buy a property and offset it with rental income, but a multi-family or apartment complex is a bit too rich for your bank account? No problem! Most of the steady increase in new renters comes from young millennials, and you can cash in on this increase as well by buying just a slightly larger...
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Posted on 02/04/2019
Getting Ready to Relocate
Moving is not an easy task. To another continent, across this continent, or just down the block—moving is a significant undertaking. Reasons for moving are as varied as there are people. No matter the reason(s) there are common things to consider and evaluate. Stretching your dollars Budget is usually at the top of most people’s list. Moving to...
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