Tag: Financing

Posted on 07/25/2021

Image by Peggy und Marco Lachmann-Anke from Pixabay You’ve decided it’s time to build the dream house you’ve always wanted. An exciting time! Prior to hiring builders to construct your home, it’s critical to understand the financials involved before you start the planning process. Securing funding for land is different than obtaining a traditional home mortgage. For starters,...

Building

Buying Land

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Posted on 11/15/2020

The Alphabet of Real Estate Investing

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...

Financing

Investment

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Posted on 05/24/2020

Types of Home Financing

Image by Credit Commerce from Pixabay Finding financing for a home could be as simple as applying for a conforming FHA loan or it could be as difficult as having to locate a portfolio loan or even a combo loan. What you need depends on the real estate you are buying. Most people buying a primary residence get...

Financing

Loan

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Posted on 04/19/2020

Freelancers Need to be Prepared When Applying for Home Financing

Photo by 200 Degrees via Pixabay The gig economy has exploded over the past decade. Today, around 36% of the US workforce is freelancing and many more or self-employed small business owners. While being your own boss does afford you great freedom to set your hours and often work where you want, you may face extra scrutiny when...

Mortgage

Financing

+ 1 more

Posted on 01/26/2020

How is a Land Contract Different than an Mortgage?

Image by mohamed Hassan from Pixabay A land contract and a mortgage have a number of similarities. For example, you can use either option to purchase a home Both loans must be repaid on a monthly basis. Understanding the Differences A land contract is a legal agreement between a buyer and a seller. Rather than a traditional mortgage...

Mortgage

Loans

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