Taking over mortgage payments
Mortgage Approval Stages: What Does 'Conditionally Approved' Mean?
Securing homeownership is a significant milestone in life. However, buying a home isn't easy. You must navigate several complex processes and make difficult financial decisions. Lenders have varying terms and conditions. Hence, it can be tricky to find the best provider for your needs, especially if you're unaware of the different stages of approval. In this guide, we'll walk first-time homeowners through the concept of a "conditionally approved" mortgage, explaining what it means in real esta
Securing homeownership is a significant milestone in life. However, buying a home isn't easy. You must navigate several complex processes and make difficult financial decisions. Lenders have varying terms and conditions. Hence, it can be tricky to find the best provider for your needs, especially if you're unaware of the different stages of approva...
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Deed-Restricted House
A Quick Guide to Securing a Mortgage for a Deed-Restricted House
Purchasing a home is one of the most significant financial decisions many people make during their lives. One option that may present itself when searching for a home is to buy a property in a deed-restricted community. This guide will provide an overview of how to secure a mortgage for a deed-restricted house, covering several essential topics. Stay with us to learn more. Get A Free Mortgage Quote What Is a Deed-Restricted Community? A deed-restricted community is a neighborhood or d
7/6 ARM
Is a 7/6 ARM Right for You? Pros and Cons of Adjustable Rate Mortgages
7/6 ARM mortgages are a flexible option for homebuyers. Read on to discover the benefits and considerations of this adjustable-rate mortgage.
Mortgage Contingency
Understanding Mortgage Contingency When Buying a Real Estate Property
If you're in the market for a new home, you've probably come across the term "contingency" in the context of real estate transactions. In particular, a "mortgage contingency" is a crucial concept to grasp before you embark on the journey of purchasing a property. This article aims to provide a comprehensive understanding of what mortgage contingency means and its significance in the home-buying process. Get A Free Mortgage Quote What Does Contingent Mean in Real Estate? In the realm
what is pre-foreclosure
Buying a Home in Pre-Foreclosure -Opportunities and Risks for Investors
Pre-foreclosure properties are becoming popular among savvy investors seeking a bargain in the market. But what is pre-foreclosure, and how can investors benefit from this unique opportunity financially? Are there any risks involved? In this quick guide, we'll discuss the potential opportunities and risks investors should consider before purchasing pre-foreclosure properties. Get A Free Mortgage Quote Understanding Pre-Foreclosure Foreclosure occurs when a homeowner defaults on their
Condo vs coop
Condo vs Co-op Mortgages - Key Differences and Considerations for Owners & Investors
In this article, we will explore the key differences between condo and co-op mortgages, shedding light on their definitions, the fundamental distinctions between the two, and considerations for potential owners and investors.
what is a real estate broker
The Role of a Real Estate Broker in Your Home Buying or Selling Process
A real estate broker acts as an intermediary between home buyers and sellers. Click here to learn the role of a real estate broker in a home buying or selling process.
Home Insurance Companies
4 Ways Real Estate Agents Support Home Insurance Companies
The real estate industry in the United States is witnessing a remarkable surge in the number of real estate agents associated with the National Association for Realtors (NAR). According to a recent survey in January 2023, this number has reached 1.5 million, showing steady growth since 2012. But a question arises - what does a real estate agent do for you and for insurance companies? Get A Free Mortgage Quote Source: Statista In the thriving real estate industry, real estate agents pl
FHA construction loan
Pros and Cons of FHA Construction Loans for First-Time Homeowners
Are you an aspiring first-time homeowner eager to bring your dream home to life? Perhaps you’ve already started exploring your mortgage options. The Federal Housing Administration offers construction loans specifically tailored to first-time homeowners’ needs and circumstances. However, like any mortgage product, these loans come with their set of pros and cons. Therefore, in this post, we’ll walk you through FHA construction loans and their benefits and drawbacks. With our insights, you can de
HELOC
Everything You Need to Know About HELOC and Rental Properties
Property investment presents an excellent opportunity to generate passive income and expand the investment portfolio, but investing in a real estate property requires significant capital. Suppose you are interested in financing a substantial investment acquisition but need more cash reserves and choose only to postpone once you have saved enough. In that case, you might be thinking of the best loan option available. You can leverage the equity you have already accumulated in your property invest
Buying a Home
How Much to Offer on a House Without Getting Ripped Off
Tips and tricks for making an offer on that home of your dreams.
Fundamentals
Procuring Cause Real Estate: What Is It & How to Avoid a Dispute
Picture this: a real estate agent introduces you to a fantastic house that checks all your boxes. However, before visiting the property, you get busy with work and need to remember to follow up. A couple of weeks later, you attend an open house for the same property and discuss with another agent hosting the event who provides you with crucial information about the neighborhood and local amenities. You appreciate the valuable insights and keep in touch with him. Then, when you're ready to make a
Buying a Home
What Is a Probate Sale?
A comprehensive guide to buying property at probate auctions.
Buying a Home
Things You Need for a New House
Minimize trips to the store by moving these essential household items into your new home on day one.
Fundamentals
Understanding the Homeowners Insurance Declaration Page
You can rely on solid coverage if you understand the details on this document thoroughly.
Solar Basics
Debunked: Why People Think Solar Won't Work Where They Live
Harnessing the sun's power is possible in a surprisingly wide variety of locations and weather.
Solar Basics
Your Ultimate Guide to How a Solar Panel System Works
Learn about the basic solar system fundamentals, how it operates, and what to expect.
Solar Basics
A Guide to Ground-Mounted Solar Panels
A home solar energy system mounted somewhere other than the roof can be larger and more productive.
Home Improvement
Your Guide to Solar Tankless Water Heaters
See how solar, tankless water heaters are a game-changer for solar panel homeowners.
Solar Basics
Everything You Need to Know About Bifacial Solar Panels
Get a better understanding of how bifacial solar panels work and whether they’re right for you.
