Freddie Bayo

Benefits of Buying versus Renting: Advantages You Need To Know about Homeownership!

First-time Home Buyer /

Owning a home is a significant milestone that many aspire to achieve. The decision to buy or rent is a crucial one, with both options offering distinct advantages. While renting provides flexibility, homeownership brings a sense of stability and numerous financial benefits. In this article, we’ll learn the benefits of buying over renting, shedding light […]

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Buying a Multi-Unit as a First-Time Home Buyer with as low as 5% Down Payment!

First-time Home Buyer /

Entering the real estate market can be both exhilarating and overwhelming as a first-time homebuyer. Traditionally, purchasing a home has been a significant milestone, often marked by the acquisition of a single-family residence. However, a growing trend among savvy buyers is emerging – the consideration of buying multi-unit properties as a first home. In this

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Opportunities with ADU Separation: Impact on Borrowers

Home Loan Process /

In the dynamic landscape of real estate, the emergence of Accessory Dwelling Units (ADUs) as separately sellable entities has created new opportunities for borrowers. This paradigm shift will have a profound impact on borrowers’ financial landscapes. The following are the opportunities with ADU separation. Higher Property Value For homeowners, the ability to sell ADUs separately

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2-1 Buydown Mortgages: Explore Pros & Cons and Considerations

First-time Home Buyer /

Buying a home is a significant financial commitment, and choosing the right mortgage can make a substantial difference in your financial stability. One mortgage option that has gained popularity in recent years is the 2-1 buydown mortgages. This mortgage type offers distinct advantages and disadvantages that prospective homebuyers should consider before making a decision. Pros

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Expert Tips for First-Time Homebuyers: Avoiding Common Pitfalls

First-time Home Buyer /

Buying your first home is an exciting and significant milestone in your life. It’s a step towards independence, financial stability, and the realization of your dreams. However, navigating the complex world of real estate can be a daunting task. Hence, home buying is filled with potential pitfalls that may lead to costly mistakes. To help

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Mortgage Pre-Approval: Why It’s Essential and How to Get It

Home Loan Process /

Buying a home is an exciting journey, but it can also be a complex and overwhelming process. One crucial step in the home-buying process that can make your journey smoother and more efficient is obtaining a mortgage pre-approval. In this article, we will explore the importance of mortgage pre-approval, its key differences from pre-qualification, what

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Homebuyer’s Guide to Closing Costs

First-time Home Buyer /

Closing costs are a critical yet often underestimated component of the home buying process. These expenses can catch many first-time homebuyers off guard which potentially derails their budgeting plans. Thus, it’s essential to understand the homebuyer’s guide to closing costs. You can learn some tips for negotiating and reducing these expenses. Moreover, this ensures a

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