Tag: Homebuyers

Posted on 10/10/2022

Prepare for buying your first home: Steps in the process

What are the steps in buying your first home? The...

First Time Homebuyer

Homebuyers

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Posted on 02/14/2022

Here's Why You Should Consider a Bigger Down Payment When Buying a Home

Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...

Down Payment

Financing

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Posted on 12/27/2021

What Homebuyers Need to Know About Closing Costs

In a home sale, both the buyer and the seller have to pay what are called closing costs. These final expenses include an entire list of taxes, fees and other miscellaneous costs. While sellers usually pay some of the closing costs, buyers still need to prepare for their share of the bill. Here we’ll go over what the...

Closing Costs

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Posted on 08/23/2021

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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