Tag: Financing

Posted on 03/06/2023
Flipping a House: How Much Funding Do You Need?
For many, flipping homes is lucrative. However, there are many costs associated with flipping a property, and it’s important to budget carefully for every detail. Here are the major costs to consider when determining how much funding you’ll need for a flip: Down Payments Just like buying a move-in ready house, buying a house you intend to flip...
Down Payment
Financing
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Posted on 01/03/2022
First-Time Homebuyers Explained
“First-time homebuyer” is a commonly used term in all areas of real estate. But what exactly is a first-time homebuyer? Here are the specific factors that qualify somebody as a first-time homebuyer and why they are important: Who Qualifies as a First-Time Homebuyer? As suggested by the name, a first-time homebuyer is any person who is purchasing their...
FHA
Fha
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Posted on 06/15/2020
How a Land Contract Differs from a Mortgage
Image by mohamed Hassan from Pixabay A land contract and a mortgage have a number of similarities. For example, you can use either option to purchase a home Both loans must be repaid on a monthly basis. Understanding the Differences A land contract is a legal agreement between a buyer and a seller. Rather than a traditional mortgage...
Mortgage
Loans
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Posted on 01/19/2020
Should You Finance with a Mortgage Lender? Pros & Cons
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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