Do your due diligence As a buyer you need to do all the same things you would if the house were being sold through a real estate agent: • You still need to know if the asking price is fair (get comps!). • You still want to inspect the prope
full story >>
3 to 20% of the purchase price for a down payment. The actual amount depends on what kind of loan you get and how good your credit is. Your bank might offer a zero-down loan, but if you can afford to make a down payment, you should do so, because you'll g
Continue reading >>You've got your mortgage, closed the deal and now it's time to move in! Whether you use a mover or not is up to you, depending on your financial situation and how much stuff you have to move; perhaps also, whether you have a lot of friends willing to help
Continue reading >>Make sure you get a home inspection before you close. It will be well-worth the money spent since it ensures the property's structural soundness and good condition.
Continue reading >>Once you are ready to buy a property , your broker will help you draft a first offer . This is a legally binding offer , unless the condition is not met ( such as substandard housing inspection ) , shall not be withdrawn.
Continue reading >>There are many different types of mortgage programs out there, but as a first-time home buyer, you should be aware of the three basics: adjustable rate, fixed rate and interest-only.
Continue reading >>
