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TwitterLooking For a First Home As a 20 Something
You’re probably tired of renting or tired of living with your parents. You’ve been saving up big bucks in your savings account, and you’ve got a healthy down payment ready to get you into your first home. You’ve researched first time home buyer programs and have a friend who does real estate. So what are [...]
Mortgage Payment – How Much Goes Towards Principal and Interest
After talking with a lot of my friends that are interested in buying their first houses, I started to realize not many new home buyers know exactly how much of that monthly mortgage payment will go towards principal and how much will go towards interest. I thought it would be helpful to show a few [...]
Tips for Buying Your First House
Buying a home is an exciting time in the life of just about any home shopper. Before you start visualizing where you are going to put the new sofa, there are a few things that you should take into consideration. Here are a few useful tips that can help the first time homebuyer get the [...]
Types of Mortgages
If you are in the market for a home loan, then you probably have noticed a few different loans options. It helps to become familiar with the different types of home loan products so you can pick the right one for you. Here are the most popular types of mortgages. Types of Mortgages #1 – [...]
A Closer Look at Mortgage Closing Costs
First time home buyers often overlook mortgage closing costs. Closing costs can range anywhere from 1% to 5% of the purchase price of the home. To put that in perspective, closing costs on a $200,000 home could hypothetically cost upward to $10,000. Therefore, it is imperative that you keep these costs in mind when buying [...]
