Tag: Down Payment

Posted on 04/24/2022
Important financial real estate terms to know
The more real estate terms you understand, the more comfortable you will be in your home buying process. This is especially true for financial vocabulary related to real estate transactions. To help familiarize you with some of these important concepts, here is a quick guide to financial real estate terms: Fixed rate mortgage A fixed rate mortgage is...
Down Payment
Fair Market Value
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Posted on 07/25/2021
What to Consider When Deciding How Much to Put Down on a Home
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 06/20/2021
New Homebuyers Should Save Money for These 3 Expenses
Photo by Kaboompics .com from Pexels Buying a home for the first time is often a stressful yet rewarding time. It’s a complicated process involving many variables and many costs. One question that many first-time homebuyers have is about preparation: how much should you save before buying a house? Here we will go over the 3 most important...
First Time Buyer
Closing Costs
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