Tag: Financing

Posted on 05/18/2022
How to finance a home addition: The basics
Expanding your home to add value and square footage can be costly, so it’s important to know how to finance a home addition. Just like with buying a home, there are many loan options available to homeowners to fund their projects. Here is a quick guide to the most common options for financing an addition to your home:...
+ 10 more
Read More
Posted on 10/27/2021
How Sellers Can Reduce the Risk of Financing
Seller financing is an excellent option for some property buyers and sellers. However, no matter the type of financing the seller offers, they are taking on a sizable amount of risk. Underwriting and supplementing a mortgage means dealing with the consequences if the buyer defaults on the loan. This is one reason many sellers hesitate to offer financing....
+ 11 more
Read More
Posted on 12/23/2020
Assistance Programs for Financing Your New Home
Image by Tumisu from Pixabay If you’re in the market for a new home, chances are you’ve been evaluating your finances. As a first-time homebuyer, there are programs in place to help with the down payment. According to the December 2019 Realtor Index Confidence Survey, first-time homebuyers accounted for 31% of all sales, and 77% put down less...
+ 1 more
Read More
Posted on 01/15/2020
Pros & Cons of Financing with a Mortgage Lender
Photo by Helloquence on Unsplash When financing a home purchase, one of the most basic decisions to make is where to get your mortgage from. The basic options are whether you should go to a mortgage lender or not. Financing with a mortgage lender has both pros and cons. Pro: Many Loan Options If you go to a...
+ 1 more
Read More