Tag: Home Buyer

Posted on 03/21/2021
How to Start Saving for Your Down Payment
Image by Gino Crescoli from Pixabay Although a 20 percent down payment is no longer the norm, you still need to save a considerable amount to cover all the initial costs of buying a home. With median down payments at seven percent, a $250,000 home will require a down payment of $17,500. Plus, you need to have funds...
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Posted on 03/14/2021
The Benefits of Urban Living
Photo by Thomas Le on Unsplash If you choose to live in a city, you’ll find a number of benefits to your location. Community: Most cities are densely populated and home to people from many different backgrounds. When you live in a location like this, you’re likely to find a community of folks who share similar interests and...
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Posted on 02/07/2021
Types of "Subject-to" Real Estate Investments
Image by Nattanan Kanchanaprat from Pixabay If you're looking for "subject-to" real estate, you know it can be a good investment. This kind of real estate is purchased "subject-to" the existing mortgage. So the buyer owns the property, but the mortgage stays in the seller's name. Payments are made by the buyer, but it's not necessary for that...
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Posted on 02/23/2020
Time for the Contract - What It Should Include
Photo by Mohamed Hassan via PixabayBuying and selling real estate is a complicated process that takes time. Because you are making a life decision and dealing with strangers, you should always have a valid purchase contract. Real estate agents use a standard contract, but the buyer and/or seller may make changes to that contract. In making changes, be...
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