When it comes to signing a mortgage, you deserve to be picky! Shop around until you find the perfect fit. Ensure your mortgage is manageable, and that you have some extra financial cushion each month.
Pre-qualification and pre-approval both help you determine your search parameters and the amount of money you will likely be able to borrow for a mortgage.
In the simplest terms, home equity is the difference between what you owe on your mortgage and your home’s current market value. If you owe $100,000 on your mortgage and your home is worth $400,000, then you have 75% home equity. Conversely, if you have a remaining mortgage balance of $300,000 on your $400,000 house, you have 25% home equity.
Open house season is upon us! Whether you’re buying or selling, here are five tips to keep in mind as you plan your weekends around open houses. By following these basic steps, you’ll be destined for open house success!
There are plenty of good reasons to buy a home — financial stability, building equity in a place of your own, and not having to follow a landlord’s rules.
If you’re eager to buy a home in 2022, here are four important tips to help make that happen.