Tag: Financing

Posted on 02/17/2021

Photo by SHOP SLO® on Unsplash Selling a home requires a lot of decision-making. One of those decisions concerns financing, and there are numerous options available to both sellers and buyers. Real estate negotiations can be confusing, but there are some unconventional ways to finance a deal, and owner financing, for some buyers and sellers, can be the...

Financing

Home Refinancing

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Posted on 02/03/2021

Tips for Navigating the VA Home Loan Program

Photo by Oleg Magni from Pexels The VA home loan program allows qualified veterans and active-duty members of the military to get an affordable home loan with a minimal down payment. If you're planning to use this loan program, you can take specific measures to improve your chances of approval. These tips will take you from house hunting...

Mortgage Options

Va Home Loans

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Posted on 07/22/2020

How to Negotiate a Land Contract Vs. a Mortgage

Image by Shutterbug75 from Pixabay With a mortgage, a buyer is applying for financing to purchase the property in its entirety. They're relying on their credit and assets for approval before assuming responsibility of the full property. In a land contract, you're cutting out the need for a formal lender and relying on the seller to approve or...

Loans

Financing

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Posted on 06/03/2020

Paperwork You Need When Buying a Home

Photo by Andrea Piacquadio from Pexels While the home buying process is exciting, applying for a mortgage can be time-consuming. Paperwork is a big part of the mortgage process and the better prepared you are, the more likely it is to go well. In fact, if you are considering getting preapproved for a mortgage, lining the paperwork up...

Documents

Financing

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Posted on 01/29/2020

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...

Mortgage

Financing

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