Tag: Financing

Posted on 04/15/2024

Tips for Navigating a Hot Housing Market

In real estate, a “hot market” refers to a market with lower inventory and higher demand. When the market is hot, there is more competition for property and this can make buying a home more difficult. If you’re trying to buy a home, here are some tips for how to navigate a hot market. Start With a Broad...

Broad Search

Compromises

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Posted on 05/30/2022

First-Time Homebuyers: Understanding the Basics

“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 11/20/2021

How Much Funding Do You Need to Flip a House?

For many, flipping homes is lucrative. However, there are many costs associated with flipping a property, and it’s important to budget carefully for every detail. Here are the major costs to consider when determining how much funding you’ll need for a flip: Down Payments Just like buying a move-in ready house, buying a house you intend to flip...

Down Payment

Financing

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Posted on 06/23/2021

4 Reasons Why Down Payment Amount Matters

Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...

Down Payment

Financing

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