purchase

5 minutes read
A home purchase agreement is put in place to protect the buyer and the seller. It helps the seller make sure they get the money they deserve after taking the home off the market for you while you get your affairs in order. It helps the buyer by giving you time to back out of the contract should you find a reason to do so if something comes up that you don’t like. It also protects you, the buyer, from any frau...
4 minutes read
Buying a home means more than negotiating a sales price. You have to work out other important details that sometimes are even more important than the price you pay. You need what they call contingencies in your contract. Without them, you leave yourself at risk for serious issues. Compare Offers from Several Mortgage Lenders. Contingencies help give you a way out of the purchase contract should you decide you d...
4 minutes read
If you want to buy a house, you will need a down payment. If a lack of savings is the only thing holding you back, you may be able to tap into your 401K to get the funds you need. Compare Offers from Several Mortgage Lenders. Before you go and take out the funds you’ve saved up for your golden years, use the below tips to help you make it a profitable situation. THE DETAILS OF THE 401K LOAN Before you take ou...
3 minutes read
Both the 30-year fixed-rate mortgage and 5/1 adjustable-rate mortgage are payable in 30 years. That’s their only common ground; both loans are structured differently because of their interest rate type. Surely, the 30-year FRM has its strengths (and weaknesses) as does the 5/1 ARM. Which purchase mortgage is for you? Get in touch with a lender here.» PURCHASE MORTGAGE CHOICE A: 30-YEAR FRM Belonging to the ...
3 minutes read
You are buying a condo – that’s an exciting purchase! Before you sign on the dotted line on that purchase contract, though, make sure you have the proper contingencies in your contract. Without them, you won’t have a leg to stand on should you need to back out of the purchase contract. Get Matched with a Lender, Click Here. You can think of contingencies as ‘insurance.’ If you have to cancel the purch...