Tag: Homebuyers

Posted on 02/19/2023

Comparing VA & Conventional Loans: What First-Time Homebuyers Should Know

You have many choices for financing your first home purchase. If you're a U.S. veteran, it might seem like an easy decision to opt for a VA loan over a conventional loan. However, understanding the major differences between the two options will help you get the best financing for your needs. Here are the basic things first-time homebuyers...

Conventional Loans

First Time

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Posted on 03/20/2022

The Pros & Cons of Higher Down Payments: What 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

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Posted on 11/28/2021

4 Contingencies for Homebuyers to Know

In a home sale, there are many types of contingencies that might appear in the purchase contract. These special clauses provide ways for the buyer to back out of the sale if various conditions aren’t met. All contingencies are there to protect the buyer rather than the seller, but are usually up for negotiation depending on contract terms....

Contingency

Home Buying

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Posted on 07/18/2021

A Starter Home Might Be Right for You. Here's Why.

Many first-time homebuyers face the choice between a starter home and a forever home. Every situation is unique but there are some key advantages to starter homes that exist across the board. Here we’ll go over the major reasons you might want to consider getting a starter home. Lower Price Starter homes are smaller and often in less...

First Time Buyer

Home Buying

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