Category: 1st Time Homebuyer
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What Is an Escalation Clause in Real Estate?
Finding the right home can feel like a battle. Guess what? An escalation clause might be the secret weapon that leads you to the promised land. This blog will guide you through how an escalation clause can elevate your offer and accelerate your journey to homeownership. Key Takeaways An escalation clause automatically raises your offer…
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Short Sale vs. Foreclosure: A Buyer’s Guide
Looking for a great deal on your journey to homeownership? A short sale or foreclosure could be a good option. However, deciding between a short sale and foreclosure can be confusing. But one thing holds true: both options can lead to great deals on properties. This guide will explain the differences and help you choose…
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How to Prequalify for a VA Loan
Basic Steps and What to Expect Buying a home can be tough, especially for those who served in the military. A VA loan could be your answer. If you’re thinking about buying a home using a VA loan, you should strongly consider seeing if you prequalify for one Keep reading to learn precisely how to…
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Buydown Mortgage: A Way to Reduce Interest Rates
In an era of high interest rates, you might feel that buying a home is out of reach. Good news: A buydown mortgage could be the key to lower payments. This article explores how reducing your interest rate upfront can save you money and make homeownership more accessible. Keep reading to learn if this option…
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FHA vs. VA Loan: What’s The Difference?
Choosing the right home loan can be tricky. Sometimes, all you need is the right financial vehicle to accelerate your journey to homeownership. For example, did you know there are special loans for veterans and first-time homebuyers? In this article, we examine the differences between FHA and VA loans. Keep reading to learn more about…
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Using a VA Loan for an Investment Property
Are you wondering if a VA loan can help you buy an investment property? A VA loan is a powerful tool for veterans, offering low-interest rates and no down payment requirements. This article will guide you through the possibilities of using a VA loan for investment properties, making the process easier to understand. Let’s get…
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FHA Closing Costs: What to Expect
Unless your name is Jeff Bezos, Elon Musk, or even Trey Anastasio, getting into your dream home can be tough with all the costs involved. One key expense is the FHA closing costs, often overlooked by first-time homebuyers. If you’re thinking about buying a home with an FHA loan, you’re in the right place. This…
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How Many FHA Loans Can You Have at One Time?
Are you wondering how many FHA loans you can juggle at once? It’s a common question with a not-so-simple answer. Good news: This article is here to guide you through the ins and outs of managing multiple FHA loans.. With insights on everything from benefits to potential drawbacks, we’ve got the information you need to…
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FHA Loans for Investment Properties?
Are you wondering if an FHA loan can be used for investment properties? If you’re asking yourself this question, you’ve come to the right place. This article will guide you through how you can use FHA loans to potentially buy investment properties. Keep reading to determine whether this path makes sense for you. Key Takeaways…
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FHA Construction-To-Permanent Loans
Your Ultimate Guide Looking for a way to finance your dream home from the ground up? FHA construction-to-permanent loans might be just what you need. This guide will walk you through how these loans work, their benefits, and steps to get one so you can confidently move forward with building your home. Ready to learn…