Tag: Financing

Posted on 05/08/2022
5 Ways Sellers Can Reduce Their Risk When Offering Financing
Seller financing is an excellent option for some property buyers and sellers. However, no matter the type of financing the seller offers, they are taking on a sizable amount of risk. Underwriting and supplementing a mortgage means dealing with the consequences if the buyer defaults on the loan. This is one reason many sellers hesitate to offer financing....
Financing
Financing
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Posted on 02/07/2021
Home Loans: Fixed vs. Adjustable
Photo by NeONBRAND on Unsplash Once you are ready to buy a house, you need to check your finances to determine how much you can put down, and how much you can afford to pay on a monthly mortgage. Knowing this helps you determine how much house you can afford. However, your interest rate is going to play...
Fixed Rate Mortgage
Adjustable Rate Mortgage
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Posted on 12/20/2020
Documents You Need When Buying a Home
Photo by Andrea Piacquadio from Pexels While the home buying process is exciting, applying for a mortgage can be time-consuming. Paperwork is a big part of the mortgage process and the better prepared you are, the more likely it is to go well. In fact, if you are considering getting preapproved for a mortgage, lining the paperwork up...
Documents
Financing
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Posted on 10/11/2020
Financing with a Mortgage Lender
Photo by Helloquence on Unsplash When financing a home purchase, one of the most basic decisions to make is where to get your mortgage from. The basic options are whether you should go to a mortgage lender or not. Financing with a mortgage lender has both pros and cons. Pro: Many Loan Options If you go to a...
Mortgage
Lending
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