When you buy a home, there is a specific amount of money you will need to pay to secure the house. The rest of the cost of the house can be divided into monthly payments using a home loan. The following is how you can figure out how much cash you'll... (Read More)
Many people believe that after they have had a home foreclosed on, they will never be able to buy a house again. This is untrue.
As you may have guessed, it is much more difficult to get a mortgage after a foreclosure hits your credit report, but... (Read More)
VA home loans are specifically designed to meet the home-buying needs of former and active duty service members. Unlike traditional mortgages, VA loans usually require no down payment and offer a variety of other benefits including:
No monthly... (Read More)
You want to sell your home, but you don't have a lot of money to invest in repairs and upgrades before it hits the market. You're in luck! There's a lot you can do to make your home more inviting to potential buyers that doesn't cost a fortune. Here... (Read More)
Ready to try your hand at renovating a home? There's a loan to help with that.
The best candidates for a 203k loan are ones who don't have a lot of extra cash in the bank and want to buy a home that needs to be renovated. Homes that need... (Read More)
Once you've decided to build your own home, you'll want to set aside some time to select the right home builder. Here are some tips for finding the best one for you:
Check them out. Make sure the builder or home remodeler has a permanent business... (Read More)
You found a home that's in the right neighborhood and an easy commute to work. The only problem: It's listed for sale in 'as-is' condition. What does that mean? A home that's being offered for sale in 'as-is' condition means that the owner is... (Read More)
Landlords take note: Effective this year, the Internal Revenue Service (IRS) has implemented new rules that determine whether upgrades to an investment property can be deducted in a single year on your tax filing or depreciated over many... (Read More)
You're interested in buying a home. Congratulations! This is a big step in life, so it's one that you should research thoroughly. The good news is we have some helpful information as you begin the process of getting and using a mortgage.
#1... (Read More)