Tag: Financing

Posted on 11/03/2024
The Major Costs of Flipping a House
For many, flipping homes is lucrative. However, there are many costs associated with flipping a property, and it’s important to budget carefully for every detail. Here are the major costs to consider when determining how much funding you’ll need for a flip: Down Payments Just like buying a move-in ready house, buying a house you intend to flip...
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Posted on 05/16/2021
How Much To Put Down When Building a House
Photo by Karolina Grabowska from Pexels Most people who decide to build a new house plan on financing the construction via one of the multiple financing options available. However, the size of the down payment depends on what type of loan is taken out for the project. The following is a breakdown of what different loan programs commonly...
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Posted on 11/08/2020
Putting Finance First: Saving Tips For a New Home Purchase
Image by Nattanan Kanchanaprat from Pixabay Preparing to purchase a home? It’s time to get your finances in order. Although this is an exciting time, you’d be surprised to learn how much a new home purchase can leave you strapped for cash. Saving for your home can get you prepared to have money for your down payment and...
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Posted on 04/21/2019
What You Need to Know About a Reverse Mortgage
Many times, advertisements create a false impression about reverse mortgages. Marketing depicts them as a simple, cheap way by which older homeowners can finance their retirement. It is critical to understand how reverse mortgages work because failure to do so might harm your financial future. Studies show that many homeowners do not have a proper understanding of reverse...
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