Deed vs Deed of Trust

When buying a new home, there are a lot of legal documents to navigate, and it can be easy to get confused. Two documents that are often mentioned in the home buying process are a deed and a deed of trust. While they may sound similar, they are actually very different.

5 Benefits of Buying a Home

A home is a big investment and can be a daunting process to go through, but there are many reasons why buying a home is the best decision you can make. There are many reasons to buy a home, but here are 5 benefits that you may not have considered.

The 5 Myths of Buying a Home

Unveiling the truth behind the myths, this article will provide you with a comprehensive breakdown of some of the most common homebuying myths. You’ll be better-equipped to make an informed decision and take the first steps toward homeownership.

5 Ways to Set Goals for the New Year

The New Year is here and it’s time to evaluate our goals. You have many decisions to consider when setting your New Year goals but if one of your goals is to buy a home, you’ll want to set strategic goals that can help you stay focused and on track. Setting goals makes you accountable and motivated so here are 5 goals to keep in mind for the New Year.

Is a Surveyor Worth the Investment for a Town Home Purchase?

Surveys are a vital investment when purchasing a single family home but are they worth the investment on townhouses? The purchase of a townhome is a substantial investment, requiring careful consideration of the costs and benefits. Hiring a surveyor to inspect the property is generally an essential step in the home buying process. While this can be an added expense, it is an important part of the process for a number of reasons. The ability to accurately assess the condition of the property and potential issues can save buyers thousands of dollars in the long run. Additionally, a surveyor can provide valuable information on the property’s boundaries, which could ultimately affect the value of the home.

Two Different Types of Mortgage Buydowns

Mortgage buydowns are options for borrowers who want to temporarily reduce their monthly mortgage payments. They are typically offered to entice borrowers during higher interest rates times. There are two primary types of mortgage buydowns that we offer at First Savings Mortgage: rate buydowns and payment buydowns.