Tag: Homebuyers

Posted on 02/28/2021
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 11/03/2019
Things to Look for 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...
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Posted on 08/18/2019
Open House Etiquette - How to Make the Most of Your Visit
Buyers new to the housing market often don’t know where to start their search. In fact, sometimes they don’t even know for certain in which community they want to make their home. Even knowing the type of house-style they want is a mystery. If they’re the first in their family to own property, narrowing down choices seems monumental....
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Posted on 07/28/2019
What Types of Mortgages can you get?
Multiple options are available when it comes to real estate loans. Figuring out which one you need can be disconcerting, to say the least. So, if you’re new to the game, here’s a quick guide to help you along. Standard Mortgages: Conventional – Loans that fall within the FNMA/FHLMC (Fannie Mae/Freddie Mac) guidelines where the Federal government is...
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Posted on 07/14/2019
Renting Versus Buying - All About the Money
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 04/07/2019
Costly Emotional Mistakes that Homebuyers Make
For most homeowners, a home is not just a property with four walls and a roof over their head. Over time, it becomes a place that reminds them of sweet memories spent with family and friends. Buying a home is expensive, and as a result, it is essential that you relegate any form of emotions and apply business-minded...
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Posted on 03/11/2019
Fancy Properties Selling Around the World
It’s well known that real estate in New York City is some of the most expensive in the country, but this new penthouse condo has taken the cake before its even finished. While still under construction, the most expensive home sold in the US was purchased by hedge fund billionaire Ken Griffin for a cool $238 million. More...
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Posted on 02/11/2019
Use Downsizing to Your Advantage
People downsize their living-space for all kinds of reasons. Making the decision to downsize shouldn't be a negative experience and shouldn't feel like your downgrading your home. Follow these tips to level up your lifestyle and home enjoyment while downsizing your accommodations. Find a space that works for you. You might be moving from a large home with...
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