Tag: Homebuyers

Posted on 08/03/2023

A Beginner's Guide to Loan Options Available to Veterans

For U.S. military veterans, there are many financing options available for buying a home. What's typically called simply a "VA loan" can actually mean multiple specific types of loan. Depending on your situation, you might find one more helpful than the other. Here is a basic guide to the different types of loans available to veterans: VA No-Down-Payment...

Homebuyers

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Posted on 03/24/2022

What to Consider When Deciding How Much to Put Down on a Home

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 12/09/2021

Understanding Real Estate Contingency Types

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 08/05/2021

Understanding Closing Costs for Buyers

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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