Is Buying a Home Still a Good Investment?
To own one's own dwelling is a testimony to self-reliance and responsible provision for the family. With a few notable exceptions in financial history, houses generally appreciate in value.
To own one's own dwelling is a testimony to self-reliance and responsible provision for the family. With a few notable exceptions in financial history, houses generally appreciate in value.
Whether your motivation is finding a place to grow a family or make a long term investment, you'll follow the same financial guidelines on determining how much house you can afford.
Real estate mortgage closings, whether purchases or refinances, are stressful for a variety of reasons. Such is the case with title companies and agencies.
The fact is that mortgagors have an option to lower their rates...if they are willing to exchange that discount for mortgage points.
Some will approach a lender by making direct contact with a loan officer. Others will opt for a mortgage broker to guide them through the financial proceedings.
It begs the question: does a large, national lender have any advantage over a smaller, local one?
Purchasing a property is one of the best choices for wealth and investment in the nation. As you consider home financing options, however, choosing between fixed and adjustable rates becomes a major decision in the process.
Many potential homebuyers believe that they have to save enough money to have a down payment equal to 20% of home value before they can be approved to purchase a home.
When buying a house for the first time, you may not realize how much the closing costs add to the overall amount that you have to pay to obtain the property. Fortunately, there are a few ways that you can save money on the costs when closing.