Posts tagged financing

Finding the Elusive Starter Home

Finding that Elusive Starter Home The past few years have brought several changes in the real estate industry. The housing bust of 2006-08 led many people to either sell or walk away from their home. As the market is continuing to rebound, many investors have scooped up homes at affordable prices and are offering them […]

Avoiding Problems with Your Escrow Account

Buying a home

  Avoiding Problems with Your Escrow Account If you are using a mortgage to purchase your first home it is highly likely that the lender will request that you use escrow in order to handle the annual homeowner’s insurance and taxes on the property. This is reflected by an additional payment on top of the […]

4 Tips to Determine How Much Mortgage You Can Afford

Low home loan rates

Different people have contradicting opinions on how much mortgage one can afford.  During the peak of the bubble, buyers were allowed to pretty much choose for themselves.  They could state whatever income they thought they could get away with on some mortgage options.  Today however, with the economy as it is, you should take some time […]

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