Posts Tagged ‘mortgage’
What Exactly is a ‘Government Backed’ Mortgage? By Realtor.com
One may or may not be familiar with the term ‘government backed’ but it might be a bit confusing at first. First, what it’s not, isn’t a guarantee someone is going to get a mortgage because it’s backed by the federal government. ...
Get The Home You Want, Millennials: Smart Strategies For First-Time Homebuyers By RealtyTimes.com
Hey, Millennials. Come on into the real estate market! We really need you to buy some homes so we can keep chugging along. Oh, wait. Prices are rising and so are interest rates, plus inventory is scary low. Hmmm. Well, come on in anyway, w...
The Differences Between Financing New Construction and an Existing Home By RealtyTimes
Financing for new construction as well as financing an existing home both involve getting a loan with real estate as the collateral. They’re both the same in that manner but clearly different in others. Let’s look at the differences be...
Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates By Realtor.com
phototechno/Getty Images When the coronavirus pandemic gutted the strongest U.S. economy, many assumed another recession would bring rock-bottom home prices along with it. Instead, home prices defied logical assumptions—and soared to new ...
FHA Loan Requirements: What Home Buyers Need to Qualify By Realtor.com
designer491/iStock If you're looking up "FHA loan requirements," you are very likely wondering if you qualify for an FHA loan. These mortgages, which are insured by the Federal Housing Administration, help home...
The costs of selling your home By Trulia
The costs of selling a home can add up — don't let them surprise you, or your budget. One of the goals of selling a home is usually to make money, but there are costs of selling a home, too. Here’s a breakdown — including the tax ...
Buying Land for Building a Home Versus Buying a House By Realtors® Land Institute
Whether you’re considering buying an existing home or purchasing a tract of land on which to build a new home, both options require considerable research. Both options also have some important differences you should be aware of so that y...
Title Insurance Explained By RealtyTimes
WRITTEN BY DAVID REED Title insurance is indeed an insurance policy but is only needed when financing a home or refinancing a home loan. For the relatively few times someone can take out a home loan, the concept and utility of title i...