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What’s the Difference Between the Sales Price and Appraised Value of a Home?

What’s the Difference Between the Sales Price and Appraised Value of a Home?

During the home buying process, you will encounter many unfamiliar terms, some of which may seem like the same thing. One such pair might be “sales price” and “appraised value.” They both refer to how much the house is worth, right? Actually, there is a d

Apr 06, 2022 | Purchasing a Home

Who Owns My House: Me or My Mortgage Lender?

Who Owns My House: Me or My Mortgage Lender?

The standard home buying process follows this formula: you find the right property, you go under contract to buy it, you get approved for a mortgage loan, the lender lends you enough money to buy the home, you sign papers, and you move into your new house

Feb 09, 2022 | Purchasing a Home

5 Reasons You Might Want a Non-Conforming Mortgage Loan

5 Reasons You Might Want a Non-Conforming Mortgage Loan

When you apply for a home mortgage, lenders will check your credit score, income, assets, and debt. All of this will get factored into an algorithm to figure out if you are credit-worthy enough to be granted a loan. Most of the standards used by lenders a

Feb 02, 2022 | Purchasing a Home

Creative Ways to Avoid Paying Closing Costs

Creative Ways to Avoid Paying Closing Costs

You finally saved up enough for a down payment and you can almost taste being a homeowner, but then you hear about closing costs. Coming up with a few extra thousand dollars sounds impossible. Before you give up on the dream of buying a home, here are a f

Jan 26, 2022 | Purchasing a Home

5 Questions Unmarried Couples Should Ask before Buying a Home

5 Questions Unmarried Couples Should Ask before Buying a Home

Roughly 9% of all U.S. homebuyers in 2020 were unmarried couples. If you and your partner are considering a house purchase before tying the knot, there are some important questions you should ask yourself to see if it makes sense.How does the law see our

Jan 19, 2022 | Purchasing a Home

7 Tips for Second-Time Home Buyers

7 Tips for Second-Time Home Buyers

Buying a home for the first time is often exciting, scary, and overwhelming all at the same time. When you’re ready to move on from your starter home, you will be familiar with the home buying process, but there are still a few things you might want to co

Jan 05, 2022 | Purchasing a Home

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