Tag: Down Payment

Posted on 03/15/2024

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 04/14/2023

Down payment assistance options for first-time homebuyers

Affording a down payment on a home can be a major hurdle in...

Home Loans

Home Financing

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Posted on 08/12/2022

Important financial real estate terms to know

The more real estate terms you understand, the more comfortable you will be in your home buying process. This is especially true for financial vocabulary related to real estate transactions. To help familiarize you with some of these important concepts, here is a quick guide to financial real estate terms: Fixed rate mortgage A fixed rate mortgage is...

Down Payment

Fair Market Value

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Posted on 06/24/2022

Benefits & Disadvantages to Higher Down Payments Homebuyers Should Consider

Buying a home requires extensive financial planning. While the widely accepted standard for down payments has been 20% of the purchase price for decades, many are wondering if that’s still required. In reality, there are ways to qualify for a mortgage with less than 20% down payment—even some options without a down payment at all. However, there are...

Down Payment

Home Buying

+ 6 more