Author: admin
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What Is an FHA Construction Loan?
Building your dream home can seem daunting, especially when thinking about financing. Good news: An FHA construction loan offers a path to homeownership with unique advantages for those looking to build from scratch. This article will break down the ins and outs of this special loan type, making it easier for you to decide if…
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9 Key Differences Between a Condo and an Apartment
Deciding where to live can be a big step in your life, and understanding the difference between condo and apartment options is crucial. As you explore the possibilities, knowing what sets these two types of homes apart will guide you toward making an informed choice that fits your lifestyle and financial goals. A condo offers…
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How Long Does A Mortgage Preapproval Last?
You’re ready to buy a home, but you’ve heard the clock ticking on your mortgage preapproval. Typically, these preapprovals are valid for 60 to 90 days. So, once you’re preapproved for a mortgage, you need to strike while the iron is hot. This blog will guide you through what a preapproval is, why it matters,…
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What Is a Multi-Family Home?
You’re ready to buy a home but can’t decide which type fits your lifestyle. A multi-family home — where multiple separate housing units are contained within one building or several buildings within one complex — might be the perfect solution. This article will guide you through understanding what a multi-family home is, the different types…
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How Soon Can You Refinance A Mortgage?
Are you thinking about refinancing your mortgage but aren’t sure when the right time is? It’s possible to refinance quickly after closing on your home — sometimes as early as six months. This article will guide you through understanding when and how you can refinance your mortgage effectively and what factors to consider before taking…
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How Much Is the First-Time Homebuyer Down Payment?
Stepping into the world of homeownership can be thrilling. But it can also be a tad overwhelming — especially when figuring out the initial cash you’ll need. Typically, a first-time homebuyer down payment hovers around 6% of the new home’s purchase price. This blog walks you through the ins and outs of down payments, offering…
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6 Steps to Getting an FHA Construction Loan
Building a dream home can be daunting, especially when it comes to financing. An FHA construction loan offers a pathway to turn those dreams into reality, with easier qualifications and low down payments. This post will guide you through the six essential steps you can take to secure an FHA construction loan, from pre-qualification to…
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What to Look for When Buying a House?
13 Non-Negotiables on Our List! You’re ready to plant roots and find a home. But the sheer number of factors you need to consider on your journey to homeownership can be overwhelming. With most buyers having at least five key features on their list when choosing a home, it’s clear you’re not alone in wanting…
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Condo vs House: Which Home Is Right for You?
Deciding between buying a condo or a house is like choosing the backdrop for your life’s next chapter. Would you rather end up the main character in a story of lower initial costs as a condo owner or a story of more privacy and space as a homeowner? If you’re thinking about buying a condo…
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How to Buy a House with No Money: 7 Tips
If you’re wondering how to buy a house with no money, you’ve come to the right place. While it’s certainly easier to begin your journey as a first-time homebuyer when you have wads of cash on hand, a low bank account balance won’t necessarily prevent you from achieving your homeownership dreams. If you’re looking to…