Tag: Homebuyer
Posted on 03/23/2025
Is an FHA Loan Right For You?
If you're in the market for your first home, there's a good chance you'll need to take out a mortgage. One of the most popular mortgage types (especially for first-time buyers) is known as a Federal Housing Administration (FHA) loan. What is an FHA Loan? Specifically, an FHA loan refers to one that is backed and insured by...
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Posted on 10/16/2022
3 Tips to Improve Your Home Search
Finding the perfect home takes plenty of strategy and careful thought. However, with so many important factors to consider, the process can be overwhelming. Here are some tips to make your house hunting journey simpler: Prioritize price It's easy to feel discouraged if you don't immediately find options in your price range. Budget is likely at the top...
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Posted on 01/02/2022
Assuming a VA Loan: Benefits & Drawbacks to Consider
Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...
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Posted on 10/11/2020
Legal Reasons to Back Out of a Real Estate Purchase Contract
Photo by Gerd Altmann via PixabayOnce you sign a purchase agreement, whether you are the buyer or seller, it is very difficult to back out of it. However, as a buyer, you are able to back out if your real estate agent drafts the contract properly. Real estate agents use a standard contract. That does not mean that...
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