How Much Do You Need For A Down Payment

By: Tracy Phelan

How Much Do You Need For A Down Payment

Tags: DOWNPAYMENT MORTGAGES HOUSEHUNTING

  Minimum down payment A down payment is the amount of money that you put towards the purchase of a home. The down payment is deducted from the purchase price of your home. Your mortgage loan will cover the rest of the price of the home. The minimum amount you'll need for your down payment depends on the purchase price of the home you'd like to buy. Table 1: The minimum amou...Read More

How Much Will It Cost To Buy A Home?

By: Tracy Phelan

How Much Will It Cost To Buy A Home?

Tags: BUYERS, COSTS, MONEY

Buying a home is a big investment – likely the largest one you will ever make. The cost to buy a home should be carefully considered to avoid the risk of financial difficulty in the future. Since this decision has a large impact on your wallet, we want to take some time to explore the many costs associated with buying a home. Doing your homework and knowing the average cost of thes...Read More

Skipping the Starter Home

By: Tracy Phelan

Skipping the Starter Home

Tags: First time buyer, buyers, dream home,

    Millennials Are Skipping Starter Homes For Their Dream Homes   A new trend has begun to emerge. With home prices skyrocketing in the starter home category, many first-time homebuyers are skipping the traditional starter homes and moving right into their dream homes. What’s a Starter Home? According to the National Association of Realtors (NAR), simply p...Read More

Home Inspections

By: Tracy Phelan

Home Inspections

Tags: For Buyers, First Time Home Buyers

  Home Inspections: What To Expect   So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or even, in some cases, walk away. Your agent ...Read More

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