If you’ve ever perused house listings, you may have come across a few that say, ‘owner financing available.’ It may sound weird that someone trying to sell their house would lend you the money to buy it, but there are some advantages for sellers as well as buyers. Get Matched with a Lender, Click Here. Keep reading to learn all about this unique form of financing. What is … [Read more...] about Owner Financing – How Does It Work?
Buying a Home
Finding a home you like isn’t the only task at hand when you are in the market for a home. That’s just the first step. You have several other ‘due diligence’ steps you must take before you make a decision. One of those steps is learning about the home’s history. There could be something in the home’s past that makes you change your mind about purchasing the home. It may also … [Read more...] about Buying a Home? Here Are Five Top Ways To Learn About Its History
If saving for a down payment seems like a daunting task, you are not alone. Many people think they have to put 20% down or they can’t get a loan. Luckily, that’s not the case. There are many programs you can use that require as little as 3.5% down, such as the FHA loan. However, even 3.5% down can seem like a looming amount. If the average home price in your area is $200,000, … [Read more...] about Ideas for Saving for a Down Payment
It’s no secret that lender’s restrictions have tightened up since the housing crisis. Today, they have gotten slightly better; however, they still have more requirements than ever before. So how can you maximize your borrowing power? You have to start early. That’s the key! The sooner you start working on your qualifying factors, the better chance you have of borrowing more … [Read more...] about The Top Ways To Boost Your Borrowing Power
If you want to get into real estate investing, you have a lot to consider – more so than goes into purchasing an owner-occupied residence. Because a rental property is supposed to make you money, you have to look at all aspects of the financial components of buying the property. Compare Offers from Several Mortgage Lenders. We discuss the most important areas below. The … [Read more...] about Analyzing a Rental Property Purchase