10 Jan 2019
By Aadil Nathoo

3 Tips To Save For A Down Payment

Mortgage, ,
Saving up for a down payment can feel overwhelming. Most people have never saved up the kind of money it takes for a down payment. It can be done, though. The goal is to put 20% down on a house. This is what it takes if you don't want to have to pay private mortgage insurance every month. However, you don't have to absolutely put 20% down. Some mortgage programs, such as VA and FHA loans, let borrowers put down as little as zero down or about 3.5% down. There are extra requirements with any kind of mortgage you get,…
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09 Jan 2019
By Aadil Nathoo

What Happens After Your Offer Is Accepted?

Real Estate, ,
When you make an offer on a home, you wait anxiously to see if it will be accepted. Sometimes you're lucky enough to hear back within hours. Other times you could wait days or even weeks. But once you get that good news that your offer has been accepted, what happens next? It's a common question, and one that your real estate agent can help you with. In general though, here's what you can expect. There's A Home Inspection A home inspection needs to be conducted in order to assess the condition of the home for financing needs. This is…
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08 Jan 2019
By Aadil Nathoo

Top 5 Ways To Pick A High Quality Real Estate Agent

Real Estate, ,
Your real estate agent can be the difference between a successful home buy and a bad purchase. Take a look at the characteristics of a good real estate agent and how you should vet your next partner in real estate. Patience Does the real estate agent immediately tell you to give up your rights to audit a home for a quicker sale? You may want to move on. The best real estate agents realize how big of a commitment a home is, and they are willing to walk you through the process at whatever pace you are comfortable with. Localized…
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07 Jan 2019
By Aadil Nathoo

What’s Ahead For Mortgage Rates This Week – January 7th, 2019

Financial Reports, ,
Last week's economic reports included Labor Department readings on private and public sector jobs, the national unemployment rate. Weekly readings on mortgage rates and first-time jobless claims were also released. Monthly reporting on construction spending was delayed due to the government shutdown. Public and Private-Sector Jobs Growth Exceeds Expectations ADP reported 271private sector jobs added in December as compared to 157,000 jobs added in November. Analysts expected 182,000 jobs added for December and said that December's reading was the highest number of jobs added in almost two years. Large companies added 54,000 jobs, medium sized companies added 129,000 jobs and…
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04 Jan 2019
By Aadil Nathoo

Should You Buy A Fixer Upper Or Move-In Ready Home?

Real Estate, ,
There's a lot to be said for buying a move-in ready home. All you have to do is put your things away and start living your life. On the other hand, buying a fixer upper has its advantages, too. You can get a great bargain on a fixer upper home. So which one should you choose? Here are some things to consider. You Can Easily Afford To Buy What You Want If money is no object, then a move-in ready home is the best choice. You'll be able to get exactly the home you want with little or no effort…
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