There are plenty of reasons to buy a second home, from the convenience of being nearer to family to the luxury of having an always-available vacation destination. Today, more and more people are buying a second home as an investment — in fact, at least 37% of buyers claim that their second home was purchased
If your mortgage application is a little bit weak, and you’re having difficulty getting approved, adding a cosigner to your mortgage could save the day. It won’t work in all situations, but it does in most. It’s a common arrangement, particularly with first-time homebuyers, who may have fair credit and/or a less than perfect employment
If your urge to undo and improve is strong enough, you might be able to put that energy to positive use by owning your home instead of renting. Besides the satisfaction you get from doing-it-yourself, you will probably come out financially ahead. You Don’t Need Permission Renters must have permission from their landlords or property
Buying a house is one of the most stressful and expensive purchases you’ll make in your adult life. When my husband and I ditched our 600 square foot apartment six years ago in favor of home ownership, we had absolutely no idea what we were doing. We read advice articles and scrolled through Zillow obsessively,
The National Association of Realtors just released a snapshot of home purchases in 2017, and it offers some interesting details: For example, the median home purchase price was $235,000, and 88% of buyers used a mortgage to secure their home. Some of its down payment findings may surprise you, though, as they go against common myths.
For many, the mortgage industry is as complex as it can be. With proper guidance from a reliable source you can apparently make the most of it for your business or home. Now, one of the most common elements of this industry is second mortgage loans what exactly is this loan about and who can avail