The housing market is stabilizing, and homes are appreciating again. With today’s low interest rates and affordable home prices, it’s a great time to buy.
July 7, 2021
Getting a mortgage loan means you’ll likely experience every possible emotion. Unfortunately, a word commonly used to describe the home loan process is “stressful”. When buying or refinancing a home, […]
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Home Buying · Understanding Mortgages
July 7, 2021
Saving up money for a down payment and closing costs to buy a house is one of the basic requirements in order to qualify for a home loan. It can […]
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July 7, 2021
What is a bridge loan? A bridge loan is a sum of money that the bank loans to cover the interim period between two transactions, usually the buying of one […]
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July 7, 2021
With home prices rising in some areas, a pre-foreclosed home can be quite attractive financially. When a property is in pre-foreclosure, the owner still has a chance to ward off […]
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July 7, 2021
Winter is likely the best time of year to buy a home if price is your primary consideration, but buyers looking for options will find the widest selection of properties during the spring.
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Home Buying · Investment Properties
June 18, 2021
Should you rent out your current home to buy again? Figure out the tax implications, whether you qualify, and even the emotional attachment to your home. “Becoming a landlord can be […]
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Conventional Loans · Home Buying · Understanding Mortgages
June 18, 2021
You can buy a house for an elderly parent and get better interest rates by classifying it as “owner occupied.” The Family Opportunity Mortgage is a great way to help aging parents.
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Home Buying · Understanding Mortgages
June 18, 2021
Residents with green cards and work visas can qualify for a U.S. mortgage even if they are not U.S. citizens. In fact, these home buyers can qualify for government-backed and -sponsored […]
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June 16, 2021
When you think of more than one name on a mortgage application, you probably assume it’s a married couple. However, there are lots of other people who enter into buying […]
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Home Buying · Mortgage Strategy
June 16, 2021
When buying a home, the biggest upfront expense is likely to be the down payment. Even if future homeowners can reasonably afford monthly mortgage payments, the initial cost of purchasing […]
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Mortgage expert Tim Lucas has been helping home owners for over 12 years.
