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Home Owner Tips

someone setting a blue alarm clock thinking when is the best time to sell a house

When Is the Best Time To Sell a House?

Whether you’ve lived in it for 3 years or 30, your home is a part of your life. As a homeowner, it’s also a big part of your financial future. So if you’re thinking about selling your home, it’s usually for a good reason: Your family is growing and you need to find a larger...

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How To Start Investing in Real Estate

For most people, buying a home is a major life goal. And once that first home is safely in the rearview mirror, investing in real estate can give you the same adrenaline rush.  We’re willing to admit that investing in real estate may not be as thrilling as bungee jumping, getting a front-row seat at...

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How To Get Rid of PMI Early: 3 Surefire Ways

Buying your first home is one of the most exciting purchases you may ever make. But, depending on the size of your down payment and the type of loan you get, you may have to pay private mortgage insurance (PMI). PMI is charged on conventional loans when a borrower puts less than 20% down to...

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How To Assume a Mortgage

The home buying process can be long and challenging, but an assumable mortgage could make things faster and easier for both the buyer and the seller. Mortgage assumption gives sellers an edge while saving buyers on interest and closing costs. It’s not right for everyone, but it could make closing on a home shorter than...

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Paying Alimony and Mortgage Qualification: How They Can Work Together

When a marriage ends in divorce, it’s hard for everyone involved. And once the split is complete, people will inevitably want to move on – and that may even include buying a new home.  Buying a new home will likely mean getting a mortgage. And lenders are going to want to get a complete picture...

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An aerial view of a piece of land

What Is a Land Loan and How Do You Get One?

We talk about land loans a lot less than home loans. And that’s not surprising. According to the National Association of REALTORS®, 87% of home buyers buy existing, previously owned homes. But some life goals may need a piece of land as their launchpad. And there are lots of reasons why someone might buy land,...

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woman choosing a mortgage lender looking through papers and sitting at table

3 Tips for Choosing a Mortgage Lender

It would be awesome if finding the right mortgage lender were as simple as swiping right on an app (#lender, anyone?). But you can’t choose a mortgage lender that way because there are too many moving parts. Your finances and your lender’s terms and services must match to make it work. Taking shortcuts when it...

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colorful charts representing debt to income ratio

What Is Debt-to-Income Ratio?

Thinking about buying a home and getting a mortgage to pay for it? Then you need a crash course in debt-to-income (DTI) ratio. Lenders use your DTI to determine if you’ll be able to afford your monthly mortgage payments. That’s why knowing this powerful percentage can help you get a mortgage. What Is Your Debt-to-Income...

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