Win the Bidding War With Our 5 Minute Guide to Making an Offer the Seller Won't Refuse

Win-the-Bidding-War-With-Our-5-Minute-Guide-to-Making-an-Offer-the-Seller-Wont-Refuse
Ask any experienced homeowner and you'll learn that buying in a 'hot' real estate market can be challenging. A high supply of buyers competing for a low stock of available homes is a combination that can lead to bidding wars, price inflation and other headaches. The good news: with some careful preparation and the right mindset, a bidding war is on...
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Graduating With Student Loan Debt and Worried About Your Mortgage Prospects? You're Not Alone

Graduating-With-Student-Loan-Debt-and-Worried-About-Your-Mortgage-Prospects-Youre-Not-Alone
Did you recently graduate from college or university? If so, you may still be dealing with a financial hangover in the form of student loan debt. The vast majority of today's students have to borrow to invest in their education, which can affect financial plans once school is finished. In today's post, we will explore buying a home with a mortgage ...
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Four Pieces of Mortgage 'Advice' That You Should Take With the Proverbial Grain of Salt

Four-Pieces-of-Mortgage-Advice-That-You-Should-Take-With-the-Proverbial-Grain-of-Salt
Are you in the market for a new home? If you have been talking to friends and family or researching online, you have likely come across quite a bit of mortgage-related advice. As with anything, there is low-quality advice out there which is essential to avoid. In today's blog post we will share four pieces of mortgage-related advice that you should...
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3 Ways That a Reverse Mortgage Can Transform Your Retirement

3-Ways-That-a-Reverse-Mortgage-Can-Transform-Your-Retirement
Are you a retired individual looking for ways to increase your financial security? If so, you may have heard of a home equity conversion mortgage, more commonly known as a reverse mortgage. Used correctly, this is one of the most effective financial products for retirees who own their home. Let's explore three ways that a reverse mortgage can help ...
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Mortgage 101: How the Federal Reserve's Moves Can Affect Your Mortgage

Mortgage-101-How-the-Federal-Reserves-Moves-Can-Affect-Your-Mortgage
Are you in the market for a new house? If you are planning to borrow a m ortgage to pay for the home, you are likely wondering about your interest rate and how it can fluctuate over time. In today's post, we will explore how the Federal Reserve's rate changes can trickle down into your mortgage interest rate. Understanding The Federal Funds Rate As...
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Taking Out a Mortgage for the First Time? Learn Why a Condo Might Be a Great First Home

Taking-Out-a-Mortgage-for-the-First-Time-Learn-Why-a-Condo-Might-Be-a-Great-First-Home
Are you starting to tire of paying your monthly rent to someone and never building any equity? Renting forever can be a significant pain, especially as you ' re contributing to someone else's financial well-being. The good news is that there are affordable real estate options out there for those investing in their first home. Below we will share a ...
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Stuck in a Bidding War? 3 Ways to Win Without Busting Through Your Mortgage Approval Amount

Stuck in a Bidding War? 3 Ways to Win Without Busting Through Your Mortgage Approval Amount
Are you making an offer on a new home in a hot housing market? If so, one possibility is that you are going to end up bidding against other buyers who are looking to buy the same home. Unfortunately, in some cases bidding wars are inevitable, and they can be a significant source of stress. Let's take a look at three ways that you can win a bidding ...
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​Current Servicemember or Veteran? 4 Reasons Why a VA Home Loan Is an Excellent Choice

​Current Servicemember or Veteran? 4 Reasons Why a VA Home Loan Is an Excellent Choice
Are you current or former member of the US military service who is looking to buy a new home? If so, you will be pleased to know that there are some special mortgage programs that are open to you. Let's take a look at five reasons why a mortgage backed by the Department of Veterans Affairs is an excellent choice when buying your new home. You Can B...
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​Man Vs. Machine: Why Using a Human Mortgage Professional Is Better Than Trusting an App

​Man Vs. Machine: Why Using a Human Mortgage Professional Is Better Than Trusting an App
Are you currently house-hunting or plan to be in the near future? If you plan on using mortgage financing to pay for your home, you will soon discover that there's no shortage of options available to you. You can meet with a local mortgage professional, apply for mortgages online and even download mobile apps that promise to set you up with a mortg...
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​62 or Older? 3 Reasons Why a Reverse Mortgage Might Be the Perfect Financial Solution for You

​62 or Older? 3 Reasons Why a Reverse Mortgage Might Be the Perfect Financial Solution for You
Are you and your spouse starting to move into your retirement years? If so, you already know that you are going to need a solid financial plan for when your primary sources of income are no longer bringing money in. If you have invested in your retirement, you might be all set. However, what if your house makes up the majority of your net worth? Le...
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Mortgage 101: How Interest-Only Mortgages Work and Why They're A Good Solution for Some Buyers

Mortgage 101: How Interest-Only Mortgages Work and Why They're A Good Solution for Some Buyers
Whether you're a first-time homebuyer or an experienced real estate investor, if you are planning to borrow funds to buy a home you will want to choose the right mortgage product. In today's blog post we'll explore how interest-only mortgages work and why they're the perfect choice for some homebuyers. How Interest-Only Mortgages Differ From Conven...
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How to Use a Mortgage to Buy a Home After Going Through a Bankruptcy

How to Use a Mortgage to Buy a Home After Going Through a Bankruptcy
While it is sometimes the best option to get your finances repaired, the bankruptcy and following discharge period can be tough. However, while it may delay things for a couple of years, the good news is that even a bankruptcy won't stop you from borrowing a mortgage to buy a home. In today's article, we will share some insight into how you can get...
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Buying a New Home? Four Key Questions to Ask Your Mortgage Advisor

Buying a New Home? Four Key Questions to Ask Your Mortgage Advisor
Are you in the market for a new home? If you are planning on borrowing some or most of the home's purchase price, you'll want to prepare yourself for the mortgage process. Let's take a look at four key questions that you will want to ask your mortgage professional when you first meet to discuss your home loan. What's The Best Mortgage Option For Me...
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Flood Insurance

Flood Insurance
Because flood insurance is not covered by your standard homeowners policy, you will need to consult your insurance agent or mortgage professional to determine if it is required for your property. If there is the possibility of a chance of flooding, it is wise to purchase a policy that covers the structure and your personal belongings. Your lender m...
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Worried About Interest Rates Rising? Here's How You Can Prepare for an Upward Trend

Worried About Interest Rates Rising? Here's How You Can Prepare for an Upward Trend
Whether you are just starting to shop for a new home or you've been paying off your mortgage for years, the news of potential interest rate increases may be worrying. Of course, interest rates naturally cycle higher and lower over time, so is there anything to be genuinely concerned about? In today's article, we'll explore interest rates and how yo...
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Did You Know: Your Choice of Community Will Impact Your Mortgage – Here's How

Did You Know: Your Choice of Community Will Impact Your Mortgage – Here's How
If you are in the market for a new home, you've probably begun the process of choosing the neighborhood or community in which you want to live. The perfect spot to call home will depend on your age, the size and composition of your family, your working life, and other factors. However, one thing you may not know is that the community you choose to ...
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It's Pre-approval Time: How to Get Your Finances for Your Mortgage Approval

It's Pre-approval Time: How to Get Your Finances for Your Mortgage Approval
Buying a new home is one of the most exciting experiences a person or family can have. Of course, before you can step foot into your new dream home you will need to get prepared financially, especially if you are taking out a mortgage to cover some of the purchase price. Let's look at a few key steps that will help you to prepare for the financial ...
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You Ask, We Answer: What Are the Fees and Costs That Come Along With a Mortgage?

You Ask, We Answer: What Are the Fees and Costs That Come Along With a Mortgage?
Have you been considering a mortgage for your next home purchase? As with any loan or financial product, there are a variety of fees and costs you may incur in the process of closing your mortgage. In today's post, we'll explore a few of these potential fees and the situations in which you may encounter them. Let's get started! Title Insurance Cost...
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Buying a New Home? Here's Why Mortgage Pre-Approval Should Be Your First Step

Buying a New Home? Here's Why Mortgage Pre-Approval Should Be Your First Step
Are you thinking about buying a new house, condo or apartment? Whether you are upgrading, downsizing or investing, if you intend on borrowing the funds you'll need to be pre-approved for a mortgage. In today's blog post we'll explore mortgage pre-approval and why this should be one of your first steps in buying a new home. Pre-Approval Helps To Det...
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How Much Is the Right Amount to Commit to Your Down Payment? Let's Take a Look

How Much Is the Right Amount to Commit to Your Down Payment? Let's Take a Look
Are you thinking about buying a new house or apartment? If you are going to take out mortgage financing, one consideration you will have is your down payment, which is the amount you pay up front in cash to cover some of the purchase cost. Let's consider a few points that will help you to decide how much is the right amount for your down payment. H...
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