Start Your Search: The Importance of Preapproval Before you begin your new home search, talk to a mortgage broker like Oak Capital Mortgage about getting preapproved for a mortgage. This important step can save you time in negotiations and keep…
When you are ready to make a new home purchase, the first thing to consider is who you want on your team. A Realtor or real estate agent can be your advocate throughout the process. While it is not required…
Buying a home is a big purchase, one that takes time to save up to afford. Many homebuyers use a mortgage to finance the majority of the cost, but still need to save up a down payment. Here are five…
Finding the Perfect Location for Your New Home They say that buying a home is all about location, location, location. But what if you don’t know what location is right for you? Here are a few factors to consider when…
5 Major Expenses to Prepare for When Buying Your First Home If you’re getting ready to purchase your first home, it’s important to be aware of the expenses you’ll encounter before reaching the final closing table. Some costs must be…
Protecting Your Home Purchase with Contingencies When buying a new home, you have the opportunity to include several contingencies in the purchase contract to safeguard your interests during the process. A contingency is a condition that must be met for…
The biggest question those considering homeownership need to answer is simple: Should I buy or rent my home? Here is a look at the pros and cons of each. Buying Pros: Your monthly payment builds equity, or ownership, of the…
Considering a Non-Occupant Co-Signer for Your Mortgage If your credit, debt, or income is keeping you from buying a house, you might be tempted to have someone in a more stable financial position help with your loan application. A non-occupant…
Do you dream of homeownership but can’t come up with the required down payment? Don’t worry. You may be eligible for a no money down mortgage. Some come with stipulations and others have eligibility requirements. Read on to learn more…
One of the first hurdles that potential homeowners must overcome is saving up a down payment. It can take years, depending on the home prices in your area and how much you want to put down. Down payments are usually…
