Tag: Homebuyers

Posted on 11/30/2024

Comparing VA & Conventional Loans: What First-Time Homebuyers Should Know

You have many choices for financing your first home purchase. If you're a U.S. veteran, it might seem like an easy decision to opt for a VA loan over a conventional loan. However, understanding the major differences between the two options will help you get the best financing for your needs. Here are the basic things first-time homebuyers...

Conventional Loans

First Time

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Posted on 05/28/2022

Do You Need a Bigger Down Payment?

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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Posted on 12/07/2019

Pros and Cons of Balloon Mortgages

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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Posted on 10/05/2019

Downsizing Your Living Space

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...

Buyer Tips

Downsizing

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Posted on 09/28/2019

Buying a Home with a Minimalist Mindset

Are you a minimalist? If you’ve heard this question recently, you may be wondering just what it means and how does it affect you. It is NOT a set of rules.It is NOT about how much you own. It is NOT about how much money you earn. It is NOT about buying specific items or giving up certain...

Trends

Homebuyers

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