Tag: Homebuyers

Posted on 04/30/2023
First-Time Homebuyer Financing: Comparing VA Loans & Conventional Loans
You have many choices for financing your first home purchase. If you're a U.S. veteran, it might seem like an easy decision to opt for a VA loan over a conventional loan. However, understanding the major differences between the two options will help you get the best financing for your needs. Here are the basic things first-time homebuyers...
Conventional Loans
First Time
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Posted on 02/26/2023
Who Qualifies as a First-Time Homebuyer?
“First-time homebuyer” is a commonly used term in all areas of real estate. But what exactly is a first-time homebuyer? Here are the specific factors that qualify somebody as a first-time homebuyer and why they are important: Who Qualifies as a First-Time Homebuyer? As suggested by the name, a first-time homebuyer is any person who is purchasing their...
FHA
Fha
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Posted on 08/29/2021
How Does a Balloon Mortgage Work?
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...
Homebuyers
Financing
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Posted on 05/12/2019
Red Flags When Buying A House
Homeowners can sometimes overlook things in the excitement to buy a property. When purchasing a property, there are a few red flags that you should be aware of: 1. Fresh paint on some walls Some homeowners sometimes use a fresh paint job to hide problems with the house. If you find out some walls are freshly painted while...
Real Estate
Homebuyers
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