Rather than provide their kids or grandkids with a check as a down payment on a home, some people choose to offer a gift of equity on an existing home.
Gift of Equity Conventional Loan
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USDA Mortgage
The United States Department of Agriculture (USDA) offers a loan program known as the USDA Guaranteed Rural Housing Loan or just USDA Rural Housing mortgage. This program has been around for a number of years and is a great option for buying a home. The USDA Rural Housing Mortgage program is unique in three ways […]
Pros and Cons of FHA 203k Loan
The FHA 203k loan is a good way to buy a home and also get the extra money that can be used for renovations, repairs or both. There are good points and bad points to the loan and all of these should be considered before making a decision to purchase a property.
FHA Minimum Property Standards and Requirements
Understanding these FHA minimum property requirements will help home buyers and sellers through the appraisal process and not be alarmed.
Why is Dual Agency in Real Estate Bad
Dual agency in real estate transactions should be avoided at all costs. A buyer and the seller hire a real estate agent for guidance and expertise. When you agree to a dual agent, you give up what you want from an agent.
FHA Loan vs Conventional Mortgage: What’s The Difference
The following will compare an FHA loan vs Conventional mortgage, not to show that one is better than the other, but to highlight the strengths of each mortgage.
20 Things to Do After Closing on a House
These are steps that many home buyers miss, and later wish they hadn’t. We look at the 20 things you should be doing after closing on your new home so that you don’t make the same mistakes.
