Tired of Paying Rent? Advantages of Buying a Property

Facebook Instagram Buying a property is challenging, but the benefits of it make it all worthwhile. So, if you have been prolonging your homeownership dream because of the cost and are now tired of paying rent for years without any benefit, then we’d say stop and think your life through. Take charge and consider buying …

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Make Your Primary Home a Rental Space and Buy a New Home

Facebook Instagram Buying a second home and converting your primary residence into a rental space is a great idea. This is because you can have an extra source of monthly income that can cover or offset your mortgage payment. And that this strategy makes the homeownership process less expensive and easier than getting a new …

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What are Closing Costs and What do They Include?

Facebook Instagram Once you buy a home, you will have to budget for closing costs. Mortgage closing cost includes expenses and fees that you pay when you secure a home loan. The closing costs are beyond the down payment. This cost is beyond three to five percent of the loan amount. If you’re wondering what’s …

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Preapproval vs. Prequalification

Facebook Instagram Most people use the terms preapproval and prequalification interchangeably. But actually, they are pretty different. And that is precisely what we’ll focus on in today’s blog post. Through here, let us help you understand the difference between the two. After that, you can take the steps towards homeownership confidently. What is Prequalification? Prequalification …

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Manufactured Homes and the Requirements in California

Facebook Instagram Did you know that as of May of this year there are nearly 560,817 mobile homes in California, while 363,803 of them are active? Do you wish to buy one of the 197,014 manufactured homes in California? Then you must first get familiar with the requirements and regulations. And we will precisely focus …

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What is Mortgage Insurance and Who Pays it?

Facebook Instagram When you apply for an FHA loan or make a down payment of less than 20 percent on your conventional loan, you, the loan borrower, will have to provide mortgage insurance. Read on to learn about this in detail. Get your copy of the First-time Home Buyer Guide for FREE. Click here. Mortgage …

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