Home Mortgage Tips

One set of costs that will quickly become significant to you when you’re purchasing a home is buyer closing costs.  Closing costs are the variety of fees charged to you by those involved in the sales transaction.  Typically, these costs run from 2 to 4 percent of the sales price, but vary with geographical location…

Real estate agents can be expensive. If you’re committed and willing to work diligently, you can sell your home for the same price without the use of a real estate agent. Your lack of experience and ready-made marketing tools can be overcome with research and commitment. Sell your home without a realtor and put more…

While life is generally easier with good credit, it’s possible to purchase a home even if you’re credit is less than stellar. You might have to get a little creative and consider a few unconventional options, but there are options. Poor credit doesn’t have to mean a lifetime of renting. Try these strategies, even if…

Most Americans are only a few paychecks away from a serious financial challenge. We all have rent or mortgage payments. Add in cell phone, credit card, and utility bills that just keep coming every month, and many of us are living paycheck-to-paycheck, or nearly so. If you find yourself falling further and further behind financially,…

Are you trying to save for a down payment on your dream house? A bigger down payment can make it easier to obtain a loan and reduce your monthly mortgage payments. If you’re trying to save for a down payment, consider these strategies: Set a down payment goal. It’s easier to save if you have…

Are you planning the purchase of your first home? Buying a house is a major decision because the house will soon become one of your main financial assets. Plus, you’ll be making mortgage payments for at least ten years. Take these steps before you buy: Ask yourself if you’re financially stable. Have you had your…