Buying a home is a daunting process for everyone. With so much fine print to read through, options to consider and decisions to make, it’s not surprising we often hire somebody to help us with the process. If you’re self-employed, you could possibly face even more challenges with loans, deductions ... » Learn More about Suggestions for Buying A Home When You’re Self-Employed
Down Payment
It’s Going to Be Easier to Get a 3 Percent Down Mortgage
HomeReady, the mortgage option that allows borrowers to qualify with income from non-borrower family members, is getting upgrading. It’s Going to Be Easier to Get a 3 Percent Down Mortgage That’s according to government-sponsored mortgage titan Fannie Mae, who announced the following ... » Learn More about It’s Going to Be Easier to Get a 3 Percent Down Mortgage
First-time buyers: You’re closer to a down payment than you think
For many first-time buyers, saving to get a down payment is considered the most difficult step in the home-buying process. However, it's really a common misconception that you need 20% down to purchase a home. Actually, lenders throughout the country offer mortgage products with very affordable ... » Learn More about First-time buyers: You’re closer to a down payment than you think
11 million People today expend 50 percent of their pay on rent payments
More Americans are struggling to make rent. The volume of renters dedicating at least half of their income toward housing hit a record high of 11 million individuals in 2014, in accordance with the annual State of the Nation's Housing Report from the Joint Center for Housing Studies of Harvard ... » Learn More about 11 million People today expend 50 percent of their pay on rent payments
The real difference between military and non-military home buyers and sellers
Serving in the military dictates many home buying and selling decisions for active-duty members, and continues to have residual effects - both positive and negative - for veterans. For the first time, the National Association of Realtors included questions about servicing in the Armed Forces in ... » Learn More about The real difference between military and non-military home buyers and sellers