Tag: Homebuyers

Posted on 11/22/2020
Is a Balloon Mortgage Right for You?
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
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Posted on 08/25/2019
Thinking About Renting Versus Buying a Home
There are several ways to think about renting versus buying. Conventional wisdom might say that buying, and therefore owning, a home is always better. However, your situation may be different. Before you jump in the buying pool, consider how the costs might stack up for you. How to think about housing. Say that you are moving to a...
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Posted on 06/23/2019
How To Spot A Great Foreclosure Deal
If you want to take advantage of the market and to get a good deal on a foreclosure, apart from having sufficient cash, there are some few things you need to know before you complete the transaction. Before you get started, you should understand what foreclosure means. Succinctly, a foreclosure is a bank-owned property, often known as real...
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Posted on 05/19/2019
Buying, Building or Remodeling? Start with An Idea Book
Thinking of buying a new home, building your dream home or remodeling the home you have? Before you reach out to your nearest real estate agent, find a building contractor or raid your local do-it-yourself home improvement store, gather and refine all your ideas in one place by creating an idea book. As the name says, an idea...
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