Buying a home can be a stressful, lengthy process, especially if your area is experiencing a seller’s market where there are more buyers looking to purchase than there are homes for sale. If there’s a lot of competition for that home you just can’t stop thinking about, making a clean, non-contingent offer on a home could work […]
Should You Make a Clean, No-Contingency Offer? Read More »
Key takeaways Be prepared. Get pre-approved for a mortgage before you start house hunting. Make a clean offer. Waive contingencies and avoid asking for seller concessions. Work with a great agent. They can help you craft a winning offer and negotiate on your behalf. If you’re shopping in a seller’s market, the home-buying process can be
How To Win a House in a Seller’s Market: A Complete Guide Read More »
Key takeaways1. 20% down is not required. You do not need a 20% down payment to buy a house; many loan options allow for much less.2. Access low-down-payment loans. FHA, VA, and USDA loans, among others, offer programs with down payments as low as 0% for qualified buyers.3. Understand the trade-offs. A down payment of
Do You Need to Put 20% Down on a House? Our Experts Answer. Read More »
Saving enough money for a down payment on a house can feel like a long journey. This often leads prospective homebuyers to consider a “down payment loan.” But is it really a good option to get a loan for a down payment? While securing a down payment loan isn’t impossible, it’s generally not the most
Can You Get a Loan for a Down Payment? Read More »
Refinancing your mortgage is a significant financial decision, and understanding the costs involved is crucial. One of the most frequently asked questions is whether a down payment is required. The short answer is no, a down payment is typically not needed when refinancing. However, you will almost certainly have to cover closing costs. This Redfin
Do You Need a Down Payment to Refinance a Mortgage? Read More »
The house of your dreams is within reach, but a crucial question looms: how much should you put down? Do you need to aim for a substantial 20% or more, or is 10% – or even less – a more viable option for you? In this article, we will dissect the pros and cons of
Is a Large Down Payment Always Best? Exploring the Pros and Cons Read More »