Tag: Financing

Posted on 01/08/2023

First-Time Homebuyers: Understanding the Basics

“First-time homebuyer” is a commonly used term in all areas of real estate. But what exactly is a first-time homebuyer? Here are the specific factors that qualify somebody as a first-time homebuyer and why they are important: Who Qualifies as a First-Time Homebuyer? As suggested by the name, a first-time homebuyer is any person who is purchasing their...

FHA

Fha

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Posted on 11/14/2021

Here's Why You Should Consider a Bigger Down Payment When Buying a Home

Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...

Down Payment

Financing

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