Interest only loans may be the solution for you if you are looking for a way to afford more home for less money. The Advantage of An Interest-Only Mortgage: An Interest-Only mortgage is an excellent mortgage option for borrowers who want the lowest payment possible. An Interest-Only loan means exactly what it says, the borrower […]
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.
The United States Department of Agriculture agency provides an excellent way to purchase a home known as the Rural Housing Loan or USDA loan for short. For Minnesota residents in the right income bracket, this mortgage program is a way to buy a home without making a down payment. Basics of the USDA Mortgage USDA […]
Back in the early ’80s, Wisconsin recognized the opportunity to help its citizens with homeownership opportunities by implementing specific unique mortgage programs. From this desire, the Wisconsin Housing and Economic Development Authority (aka WHEDA) was created. Since its inception over 1,000 grants have been awarded, enabling people to find their own place to call home. […]
We take a look at the difference between a home inspection and an appraisal, clearing up some common misunderstandings about these two important stages in the buying process
In order to help you get ready for the spring market, we have compiled various tips and checklists to get your home (or your client’s) in top shape. Our suggestions and actionable advice covers a range of topics.
USDA Rural Development Mortgage When you are choosing which loan program is right for you, you might not consider the USDA. As this program is designed for homes in rural areas, you might not think it is suitable for your situation. However, the majority of Michigan should be covered and this type of loan offers […]
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.
Home staging for a quick sale should not be a halfhearted effort. A well-staged property can bring in top dollar and sell much more quickly. To help you out, we have compiled a long list of tips that should assist you when you are cleaning and readying your home to be sold.
By learning what to fix when selling a house and reviewing these items before you list the home, you can hopefully spot any necessary repairs.
