I’m sure you’ve come across many different types of mortgage loans – there are probably more out there that you never knew existed until you started your search. Making a well-informed decision about securing a mortgage loan is vital. It involves understanding all of the available options and considering many relevant factors. Take the time […]
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Down Payment Sources For First-Time Homebuyers
Those hoping to be first-time homebuyers can overcome the challenge of saving for a down payment by taking advantage of various sources of assistance. There are a variety down payment sources available to first-time homebuyers, from family gifts and retirement account withdrawals to tax refunds and down payment assistance programs, empowering them to achieve their […]
Let’s Discuss Buyer Incentives
Last year, sellers weren’t necessarily willing to make any concessions. This year, due to the softening of the market because of inflation and higher mortgage rates affecting affordability for buyers, they are much more likely to do so. Let’s discuss concessions. They can take place in many forms. A seller could offer to pay the […]