Tag: Financing

Posted on 09/25/2022

Unconventional homes: How to fund a mobile, modulary or manufactured home purchase

Homes come in a variety of sizes, shapes, types and mobility options. And, while mortgages or saved monies are required to purchase all types of homes, it’s always a good idea to know what’s required for your specific home transactions. What better place to start than identifying the type of home you’re searching for? For those searching for...

Financing

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Posted on 04/24/2022

Your Guide to Seller Financing Options

In real estate transactions, homebuyers have to obtain some kind of financing. Typically, this additional monetary support comes from a third party institution like a bank or mortgage lender. However, sometimes the seller may also offer financing directly. There are many options available depending on the specific need and situation. Here is a basic overview of seller financing...

Financing

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Posted on 07/04/2021

How is a Land Contract Different than an Mortgage?

Image by mohamed Hassan from Pixabay A land contract and a mortgage have a number of similarities. For example, you can use either option to purchase a home Both loans must be repaid on a monthly basis. Understanding the Differences A land contract is a legal agreement between a buyer and a seller. Rather than a traditional mortgage...

Financing

Loans

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Posted on 06/06/2021

New Construction Financing: 5 Tips to Help

Photo by Anthony Shkraba from Pexels Building your new home should be a rewarding experience, but it's important to know how the financing for a new construction is different from the financing for a previously owned home. You will need a specific type of loan called new construction loans, and they can be harder to get than a...

Construction Loan

Credit Score

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Posted on 09/06/2020

Tips for Financing Your Second Home Affordably

Photo by Vlada Karpovich from Pexels Buying a second home is an exceptional opportunity. You can expand your real estate portfolio, creating an investment strategy for building wealth over the long term. It’s also nice to have a home, one you can use on the weekends to get away. Whether you want to buy a home on the...

Financing

Second Home

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