Tag: Homebuyer

Posted on 03/20/2023
Assuming a VA Loan: Benefits & Drawbacks to Consider
Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...
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Posted on 10/17/2022
3 Reasons to Consider Assuming a VA Loan
Assuming a VA loan can be a convenient and cost-effective way for veterans to finance a new home. By assuming a loan, the buyer can take over an existing mortgage when buying a home. Loan assumption can have numerous advantages for the buyer and seller, and is considered an often overlooked VA benefit. Here are some major reasons...
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Posted on 01/31/2022
Questions to Ask Your New Home Builder
Photo by Burst from Pexels Buying a new construction home can be one of the most rewarding experiences of your life. But it's important that you feel comfortable with the builder that is making your dream come true. Here are six questions you can ask your builder to be confident in your choice. 1. How Long Does It...
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Posted on 12/13/2021
Is a Starter Home the Right Choice for You?
Photo by Scott Webb from Pexels Potential new homebuyers have the choice of buying a starter home or a forever home. The details mean something different to everybody, but a starter home is usually regarded as a short-term living situation if you can’t afford your dream home yet. Some choose to wait until they can afford their forever...
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Posted on 10/25/2021
Building a Home? Know Your Basic Loan Options
Image by 3D Animation Production Company from Pixabay When you're dreaming of moving into a new home, you envision every detail. But before you can make this dream home a reality, you need to consider the best way to finance it. Here are a few basic home loan types to consider. FHA Loans Homeownership can be the gateway...
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Posted on 09/06/2020
Should You Buy an Old House?
Photo by Wulfman65 via Shutterstock When you’re thinking about purchasing a home, an old house versus that new one is something to ponder. If you’ve thought about buying an older home, consider each of these areas before making an offer. Have your agent write contingencies into your contract, and by all means, don’t forego an inspection. Consider HazMat...
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