Tag: Home Buyer

Posted on 07/26/2020
When to Buy a Retirement Home?
Photo by Harli Marten on Unsplash Although it may seem like putting the cart before the horse, a strong case can be made for purchasing your retirement home before your golden years. In fact, with some deft financial planning, it may be worthwhile to buy your retirement home decades in advance. That may seem counterintuitive, but maybe other...
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Posted on 06/07/2020
4 Ways to Save for Your Down Payment
Image by Gino Crescoli from Pixabay Although a 20 percent down payment is no longer the norm, you still need to save a considerable amount to cover all the initial costs of buying a home. With median down payments at seven percent, a $250,000 home will require a down payment of $17,500. Plus, you need to have funds...
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Posted on 05/24/2020
Do I qualify for a conventional mortgage?
Photo by TheDigitalWay via Pixabay Looking to buy your first home? Unless you have a couple hundred thousand in the bank, a rich family member or a winning lottery ticket, you’re going to have to borrow money. TV ads suggest it’s as easy as clicking your phone, and in some cases it might be, but you should know...
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