Differences Between Buying A House Yourself and Acquiring One with Your Partner
In most cases, the next thing after walking down the aisle for most couples is acquiring a house. Many choose to buy a home before settling in marriage, which is an excellent idea. Here is some insight to help you understand the difference between buying a home before getting married and buying a home with your spouse.
How to Purchase a Home with Variable Income
Although it’s easier to get a mortgage with a regular paycheck, it is absolutely possible for self employed people and gig workers to get a mortgage. Here are some things you need to do:
Closing Day is Finally Here. What Should you Expect?
While closing is very definitely a beginning, it can feel like a bit of an end. It usually takes 30 to 45 days to close on a home from submitting your initial mortgage application. During that time, your bank will review your application and approve it, and go through the underwriting process. You put in your offer, and it is accepted. So, what happens on closing day itself?
Refinancing 101: The Do’s and Don’ts of Mortgage Refinancing
Refinancing means acquiring a new loan from your current or a new lender, to pay off an older loan. Refinancing is popular amongst borrowers in their bid to get lower interest rates or improve their credit scores.
4 Reasons Why Knowing Your Property Tax is Important
Buying a house is a more complicated process than common-knowledge provides for. Most people think about the cost of owning a home to be just the mortgage, but there is something in addition. Property tax is the government required cost of owning a home supported by the local infrastructure. Property taxes pay for schools, roads, parks and public buildings, police, firefighters, emergency services, and safety workers.
The Ins and Outs of Construction-to-Permanent Loans
If you’re thinking of building a new home, you already know how stressful it is to pick a plan, a builder, and all the design elements. The last thing you want to worry about is your construction loan. Here are some tips on turning your building process into an easy, tension-free experience.