Tag: Financing

Posted on 02/02/2025
Tips for Buying in a Hot Market
In real estate, a “hot market” refers to a market with lower inventory and higher demand. When the market is hot, there is more competition for property and this can make buying a home more difficult. If you’re trying to buy a home, here are some tips for how to navigate a hot market. Start With a Broad...
Broad Search
Compromises
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Posted on 04/03/2022
The Major Costs of Flipping a House
For many, flipping homes is lucrative. However, there are many costs associated with flipping a property, and it’s important to budget carefully for every detail. Here are the major costs to consider when determining how much funding you’ll need for a flip: Down Payments Just like buying a move-in ready house, buying a house you intend to flip...
Down Payment
Financing
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Posted on 08/15/2021
Land Contract Vs. a Mortgage
Image by Shutterbug75 from Pixabay With a mortgage, a buyer is applying for financing to purchase the property in its entirety. They're relying on their credit and assets for approval before assuming responsibility of the full property. In a land contract, you're cutting out the need for a formal lender and relying on the seller to approve or...
Finance
Financing
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Posted on 02/28/2021
Tips for Financing Your Second Home Affordably
Photo by Vlada Karpovich from Pexels Buying a second home is an exceptional opportunity. You can expand your real estate portfolio, creating an investment strategy for building wealth over the long term. It’s also nice to have a home, one you can use on the weekends to get away. Whether you want to buy a home on the...
Financing
Second Home
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Posted on 09/20/2020
Financial Assistance Programs for Your New Home
Image by Tumisu from Pixabay If you’re in the market for a new home, chances are you’ve been evaluating your finances. As a first-time homebuyer, there are programs in place to help with the down payment. According to the December 2019 Realtor Index Confidence Survey, first-time homebuyers accounted for 31% of all sales, and 77% put down less...
Mortgage Assistance
Financing
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Posted on 07/26/2020
Documents You Need When Buying a Home
Photo by Andrea Piacquadio from Pexels While the home buying process is exciting, applying for a mortgage can be time-consuming. Paperwork is a big part of the mortgage process and the better prepared you are, the more likely it is to go well. In fact, if you are considering getting preapproved for a mortgage, lining the paperwork up...
Documents
Financing
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