As a potential homebuyer who is new to the market, many of the terms and mortgage products available to you can be more than a little confusing. Piggyback loans might be a little less familiar than many other options, but if you're ready to jump into the housing market this type of mortgage can be useful for you. If you're hoping to invest in a home sooner rather than later, here are the details on this type of loan. What's A Piggyback Loan? While most mortgage loans require one loan and one … [Read more...]
3 Bedroom Staging Tips That Will Get Potential Buyers Excited About Your Home
Arranging an open house is one of the most important parts of selling your home, but there can be a lot of tricks involved in staging it so you'll get the right offers. While the kitchen and the living room may be a bit more straightforward, here are some tips for staging your bedroom that will be sure to get buyers interested in making an offer on your home. Brighten The Bedding It's one thing to have makeshift bedding when you only have your family to impress, but when it comes to having an … [Read more...]
Thinking About a Second Mortgage on Your House? Here’s What You Need to Know
Whether it's to consolidate debt or make funds available for a home renovation, many people consider a second mortgage in order to make it possible to pursue other options. However, like any important financial decision, it's important to be informed about the financial implications before diving in. If you're currently weighing your mortgage options and are considering a second mortgage, here are some things to do before the final decision. Research The Lenders Since a second mortgage means … [Read more...]
Did You Know: Single Women Are Buying Homes Faster Than Single Men — Here’s Why
With low interest rates and uncertainty as to where the real estate market will be in the next six months, many people are opting into ownership and investing in a home. Interestingly, according to the National Association of Realtors, approximately 17 percent of homebuyers in the United States last year were women, which is a much higher percentage than the 7 percent of single men who invested in a home. While the statistics may be interesting enough on their own, here are some of the reasons … [Read more...]
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