Search Results for: ham-lake-first-time-home-buyer
Why FSBOs Fail in Real Estate: Key Factors for Failure
Understanding the consequences of FSBO failure sheds light on the potential risks of navigating the real estate market without professional assistance.
No and Low Money Down Mortgage Options
For potential home buyers who are in need of saving money on their purchase, there are some great ways to buy a home with a no or low down payment requirement. A few of the loans have very specific requirements in order to qualify. However, as we will show, most of these loans are available […]
Buffalo Grove
Buffalo Grove is one of the many Chicago suburbs. Classified as a village, Buffalo Grove is located across two counties, Lake and Cook. Buffalo Creek runs through the village, deriving its name from the bison that were commonly seen by Potawatomi Native American tribe. The bison also frequented the grove near the creek, lending the […]
FHA Mortgage
For many potential home buyers, the FHA mortgage is a fundamental part of their buying strategy. This particular mortgage has been a staple program for multiple generations and has helped numerous people realize the dream of owning a home. FHA Mortgage Requirements FHA, an acronym for Federal Housing Administration, does not directly offer loans. Instead, […]
What is a Mortgage Pre-Approval Vs Pre-Qualification?
Getting a pre-qualification for a mortgage is a good idea if you are just looking and thinking about buying a home. Getting pre-approved for a loan is almost mandatory when you are serious about purchasing your home.
WHEDA Loan Requirements: Wisconsin Housing and Economic Development Authority
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. […]
Michigan FHA Loan: Program Guidelines and Requirements
Michigan FHA Loan When you are purchasing a home in Michigan, an FHA loan may offer some advantages. Whether you are purchasing your first property, or even if you have owned many homes, a loan backed by the FHA (Federal Housing Administration) could meet your requirements. Benefits of FHA Mortgage Loans If you have had […]
Know What Questions to Ask Your Mortgage Lender
Here are some major questions any potential home buyer should ask their mortgage lender before signing up for a loan.
Insane but True Facts About the USDA Mortgage
Although some of these things may sound too good to be true, or even insane, all of the following facts about the USDA mortgage program are true.
