Tag Archives: Loan

5 Reasons To Save For A Big Down Payment

This gallery contains 2 photos.

You may be eager to buy a home. But taking time to save a large down payment has numerous advantages. Most homebuyers have to finance most of the home’s purchase price with a mortgage. The amount you put down upfront … Continue reading

Gallery | Tagged , , , , , , , | Leave a comment

4 Costly Homebuying Contract Errors

This gallery contains 2 photos.

Make sure you know exactly what you’re getting or giving when you sign on the dotted line. 1. Give yourself time to get a loan Many contracts are contingent upon the buyer getting financing by a certain date. In today’s … Continue reading

Gallery | Tagged , , , , , , , | Leave a comment

This is what a short sale is

This gallery contains 2 photos.

A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property’s loan.[1] It often occurs when a borrower cannot pay the mortgage loan on their property, but the … Continue reading

Gallery | Tagged , , , , , , , , | Leave a comment