- Homebuyers
- February 25, 2021
How to Save for a House in 2021
After spending so much time at home last year, 'home' now means much more than just a place to live.
After spending so much time at home last year, 'home' now means much more than just a place to live.
Interested in buying a home out of state? This can be a challenging process, especially if you don't know the area well. As more employees are working from home and moving into more affordable housing markets, relocating is becoming a real possibility.
With home prices continuing to rise at a record-breaking pace, there are quite a few housing markets where homebuyers' money is not going as far as it used to. Luckily, there appears to be a solution: moving to a new city where you can get more for your money.
Closing costs are the final fees homebuyers pay before completing the purchase of their home. They are usually 2%-5% of the home's overall purchase price.
Saving money can be a challenge. However, setting aside money for a rainy day or emergency fund can be advantageous if you encounter an unexpected cost. Even if you’re cash strapped, there are still smart choices you can make.
PMI is typically paid out as a monthly premium that is added to any part of your mortgage payment.
To put it simply, underwriting is a process where a mortgage company examines your credit profile and determines whether you qualify for a mortgage loan.
A mortgage pre-approval is the result of a process where a lender will look at your financial situation to figure out if you are a good candidate for a mortgage.
Have you ever wondered how long you should keep your mortgage documents? Chances are, at some point, you've thought about getting rid of all that paperwork.
Though it may not be a traditional time to purchase a property, buying a home in winter may be the right opportunity for you and your family.