Buying an as-is home comes with some unique advantages. However, you’ll want to take some steps to ensure that you’re protected once you move in. What Does “Sold As-Is” Mean? A seller lists a home for sale as-is when they don’t plan to perform any repairs before the closing. When you buy such a home, […]
Almost everyone dreams of buying a home some day. The biggest hurdle, as you may probably have guessed, is financing. A home is a big financial commitment, and represents the largest transaction we’ll make in our lives. As a result, saving for a home is one of the biggest priorities for people. Given that financing […]
Resources: Reasons To Use Home Equity Reasons To Borrow Your Home Equity homeequityloan.asp Home Equity Loans What is Home Equity? In business speak, equity refers to an individual’s share or interest in an entity. The same applies when applied to home ownership, specifically mortgages. The way mortgages work, you make a down payment on a […]
Seeking a loan for any purpose is a long and gruelling process. This is especially true for home loans. The government recognizes people’s need for easy access to credit for such purposes. For this reason, many federal and state-level institutions have programs that assist in securing a loan. The FHA loan is a common example […]
Resources: fhaloan.asp FHA Loan What Is An FHA Loan Guide To FHA Loans Buying a home can be an emotional rollercoaster. The mere prospect of having your very own property fills you up with excitement and joy. At the same time, very few people have the kind of money needed to buy a home, just […]