The National Association of Realtors reports that in 2015, roughly 14 percent of all home buyers used a financial gift from a relative or friend for the down payment on their home. Of those who did this, a majority were under age of 34 and most often first-time home buyers.
Topics: down payment gift money
Scott and Laura discuss the tax benefits of home ownership.
Topics: mortgage tax advantages
With today’s lower home prices, a steady inventory of homes to purchase and moderate interest rates, it may be a great time to look into buying a rental property to have sustainable equity and income in the future.
Topics: mortgage Investment Property Second Homes
We all think to check on our physical health, but have you checked on your fiscal health?
Topics: credit score mortgage home ownership
Condominiums are a great option for people who want to own their home, but don’t want the hassle of maintenance. Condos are also often purchased as a second home, perhaps in a growing downtown area or in a city that one travels to frequently.
Topics: mortgage condominium
Learn about the increases in the Federal Reserve interest rates and what you need to know as a homebuyer.
Topics: mortgage rates
As we age and our lives change, our house may feel too large, it may be too far from loved ones or we may simply want a change of scenery in our retirement years. Those are some of the main reasons seasoned homeowners are ready to re-enter the housing market.
Topics: mortgage retirement income
If you’re thinking about buying a home and getting your first home mortgage, these five steps can help ensure you get the right house for your situation and the affordable financing that helps make homeownership a long-term success:
Topics: first-time home buying
Many prospective home buyers have watched mortgage interest rates plummet over the last few years but have been hesitant to take action. Common questions include:
Topics: mortgage Rent vs. Buy
Are you currently in the middle of a mortgage payment? Looking at paying it off early? Check out these pros and cons on paying off your mortgage loan early.
Topics: Mortgage payment
