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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How To Buy a Home While Going Through a Divorce
Buying a home while in the middle of a divorce takes a bit more preparation and understanding compared to other types of home purchases. The following information should help people that are in the midst of a divorce and wishing to buy another home.
Northbrook
Along the shore of Lake Michigan, and north of Chicago, lies the town of Northbrook. The town receives its name from the Chicago River’s Northern branch that cuts through the town. Northbrook is a part of the wealthier suburbs of Chicago that are collectively called North Shore. Population and Number of Homes The most recent […]
Summer Curb Appeal Tips: Turn Ordinary into Extraordinary
Summer curb appeal tips broken down by US regions including Northeast, Southeast, Midwest, Southwest and Northwest. Plus tips from 14 professionals!
11 Reasons Your House Is Not Selling: Plus Your Options
In every area around the country, there are homes that sit for sale longer than most of the competition. For a homeowner, this can be frustrating but in some cases even expensive if the home prices are on an upward climb or the interest rates are changing. Fortunately, there are some things that you can […]
How to Get a Mortgage After Transferring Jobs to Another State
This article discusses things that lenders will approve for people moving to another state, as well as things that will get a mortgage application turned down, and why.
FHA Gift Funds: Mortgage Guidelines and Requirements
If you are using an FHA loan, they allow gift funds to make it easier to be approved for the mortgage. This money could be the difference between buying your home this year or having to wait until you have built up your savings.
9 Tips for Move-up Buyers
Move-up buyers in the market for a different home and/or neighborhood, consider the points in the following article, and make the most of your new move!
Virginia FHA Loans: Program Requirements and Guidelines
Qualify for an FHA Loan in Virginia You’ve probably heard of FHA loans when thinking about buying a home in Virginia, but is it the best option for you? It is a popular choice, not only for first-time home buyers, and there are many reasons to seriously consider this type of mortgage. We look at […]
To Escrow or Not to Escrow, That is The Question . . .
An escrow account can be a great benefit to new homeowners that are trying to get their financial plans in order and establish some good money habits.
