Tag: Financing

Posted on 07/25/2021
The Alphabet of Real Estate Investing: ABS & CDO
Image by Ulrike Mai from Pixabay If you're considering getting into the world of real estate investing, there are some basic terms that are important to understand. Buying and selling property is, of course, one way to invest, but there are other investments that offer favorable returns. However, it can sometimes be difficult to master the confusing alphabet...
+ 1 more
Read More
Posted on 06/27/2021
Is a Balloon Mortgage Right for You?
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
+ 1 more
Read More
Posted on 11/01/2020
Selecting the Right Financing for Your Home
Photo by Vlada Karpovich from Pexels While your credit score will play a role what your mortgage interest rate will be, there are also various types of loans that can increase or lower your monthly mortgage payment. In general, there are two specific loan types, adjustable rate loans, known as an ARM and fixed rate. However, within these...
+ 1 more
Read More
Posted on 07/12/2020
Saving Tips For a New Home Purchase
Image by Nattanan Kanchanaprat from Pixabay Preparing to purchase a home? It’s time to get your finances in order. Although this is an exciting time, you’d be surprised to learn how much a new home purchase can leave you strapped for cash. Saving for your home can get you prepared to have money for your down payment and...
+ 1 more
Read More
Posted on 11/03/2019
Budgeting for a Fixer Upper
Image by Annie Gray from Unsplash If you are handy with home repair, you could buy a more expensive house if you are willing to put some work into it. Many foreclosures are often sold “as is,” and require some work. The seller may also be more open to negotiating a lower price based on the number of...
+ 1 more
Read More