With the help of government-backed mortgages, first-time home buyer loans with zero down, and creative financing strategies, you can successfully purchase a house with no money down. Check your zero-down home loan eligibility. Start here Check out the following strategies to make your ...
Before you jump into the home-buying process, I want you to be debt-free with 3–6 months of expenses saved up in anemergency fund. Think of this money like an insurance policy against life—it’s important to have this safety net when you get ready to make a big purchase like a ...
These buyers usually pay with all cash and prefer to buy homes off-market. Many will purchase homesas-is, meaning the seller isn’t expected to do any work to improve the home’s current condition. For this type of buyer, a purchase is generally all about how the numbers shake out sinc...
Mortgages are the most common way people are able to afford to make a home purchase, but it is not the only way to buy a house. For those looking for alternative financing methods there are other options. For example, pay for a property in cash. ...
VA purchase loans allow you to make no down payment. Jumbo loans are mortgages for houses that are more expensive than standard lending limits. These usually require larger down payments and higher credit scores. Renovation loans let you wrap the costs of home improvements into the total amount ...
Finally, you may need to prepare to put down as much as 20% on your home purchase. This is the preferred amount among many mortgage lenders, as the more you put down toward a loan, the less risky it is for the lender. In fact, this is the minimum down payment required to avoid pa...
9 steps to selling a house As a seller, it’s smart to be prepared and control whatever factors you’re able to. Things like hiring a great real estate agent and maximizing your home’s online appeal can translate into a smoother sale — and more money in the bank. Here’s a nine-...
“In times like this, it is more important than ever to have a strong awareness of your cash flow. You must be mindful of what you are spending money on and how much you are spending. With credit cards, Apple Pay, and easy payments online, the thought process is being removed from sp...
Get pre-approved for a mortgage to strengthen your offer and streamline the buying process. Conduct a thorough home inspection and appraisal before finalizing your purchase. 1. Make Sure You Are Ready If you (or you and your partner or spouse) want to buy your first home, start by determini...