Tag: Home Buying

Posted on 04/17/2022
The Pros & Cons of Higher Down Payments: What Homebuyers Should Consider
Buying a home requires extensive financial planning. While the widely accepted standard for down payments has been 20% of the purchase price for decades, many are wondering if that’s still required. In reality, there are ways to qualify for a mortgage with less than 20% down payment—even some options without a down payment at all. However, there are...
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Posted on 02/27/2022
Financial Factors to Consider When Buying a Home
Whether you’re planning on buying investment property or a new home, there are financial factors to consider. Knowing the details of your financial situation will help you make the best decision and help avoid unnecessary stress. If you’re trying to decide between renting and buying, here are some of the main financial things to go over: Savings Most...
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Posted on 12/05/2021
Homebuyers: Quick and Efficient Ways to Deal With Home Buying Stress
Photo by Andrea Piacquadio from Pexels Home buying can feel like a daunting task and usually encompasses more than just the financial and logical aspects. There are stressors surrounding the processes, possible rejections, the waiting game and a host of other personal factors that can influence your sentiments toward the whole ordeal. Fret not. Here are a few...
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Posted on 08/01/2021
What Are Home Inspection Contingencies?
In real estate, a contingency is any clause in the purchase offer that gives the buyer a way to back out if certain requirements aren’t met. There are many types of contingencies used in home sales all covering different circumstances to protect the buyer’s best interest. The most common type of contingency is a home inspection contingency, which...
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Posted on 07/25/2021
The 4 Common Contingencies Every Homebuyer Should Know
In a home sale, there are many types of contingencies that might appear in the purchase contract. These special clauses provide ways for the buyer to back out of the sale if various conditions aren’t met. All contingencies are there to protect the buyer rather than the seller, but are usually up for negotiation depending on contract terms....
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