Refinancing for a divorce buyout or equity buyout is a financial transaction that occurs when one spouse wishes to keep the family home after a divorce and needs to purchase the other spouse’s share. Many divorces involve the couple owning…
When it comes to applying for a mortgage loan, you must ask your mortgage lender the right questions. At this stage of the process, it is of the utmost importance that you gather all this information and gain a deeper…
Whether this is your first or tenth home purchase, shopping for a new home is an exciting time. It can also be a stressful and lengthy process. This guide can help you stay on track and in your new home…
If you have received your Home Closing Disclosure from your lender, you are almost done with your home buying journey. The Home Closing Disclosure, provided at least three full days before closing when you sign the final purchase documents, means…
Ready to Purchase Your First Home? Use this Easy-to-Follow Homebuyer’s Checklist to Navigate the Path to Home Ownership Determine Your Budget: It’s best to determine how much house you can afford early in the process to avoid falling in love…
Before you begin your new home search, talk to a lender about getting preapproved for a mortgage. This important step can save you time in negotiations and keep your search on target and within budget. What exactly is a preapproval…
Buying a home is a big purchase, one that takes time to save up to afford. Many homebuyers use a mortgage to finance the majority of the cost, but still need to save up a down payment. Here are five…
Savings for Home Purchase If you are getting ready to purchase your first home, there are a few expenses that you need to prepare for before getting to the final closing table. Some are even required before you start searching…
They say that buying a home is all about location, location, location. But what if you do not know what location is right for you? Here are a few factors to consider when deciding on just the right place to…
The biggest question those considering homeownership need to answer is simple: Should I buy or rent my home? Here is a look at the pros and cons of each. Buying a Home Pros of buying a home: Your monthly payment…
