Are you thinking about taking out a mortgage to buy a house? Most borrowers have two choices when taking out a mortgage – the FHA loan or conventional loan. Understanding the difference (and similarities) between the two can help you…
Are you dreaming of a vacation with your toes in the sand? Or maybe you prefer a mountain getaway. No matter what your vacation preference are, there are homes available to purchase that can provide you with a place to…
If your financial position has changed or the value of your home has gone up since you purchased it, you may be considering changing the terms of your home loan. If you want to get more favorable terms, lower your…
Over half of American homeowners financed their home purchase and have a mortgage. Banks and lenders like this arrangement because they earn money in the form of interest payments when they loan money to buyers. Buyers like it because they…
The home search process can be very fun or very exhausting (or both). Some buyers love the search and enjoy looking at home after home until they find just the right one. Others get tired of coming up empty after…
Buying a home is one of the largest purchases that most Americans make in their lifetime. With so much money in play, it’s important to know when it is refundable (and when it is not) during the negotiation process. Earnest…
Home buying is very exciting but typically doesn’t move quickly. The length of time it can take to finalize the purchase, also called closing, varies with the complexity of the deal and circumstances of the purchase. Most homeowners can prepare…
Rental real estate is a great way to build passive income, keep your home if you have to temporarily move out of the area, and invest in physical property. But part of being successful in rental real estate is having…
The path to owning property starts with a very important document while outlines the proposed sale terms from the buyer to the seller. Submitting an offer is a big deal for both the buyer and seller, but looks a bit…
When you purchase a home with a mortgage, part of the terms of your loan include an interest rate. This rate is the percentage of the loan value that you will be charged in interest, should you take the entire…
