Buyers Resources

  • Arranging your Mortgage
    Arranging your mortgage doesn’t have to be a baffling experience Buying a home today is an extremely attractive proposition. Interest rates are at their lowest in decades and the housing market is full of homes to suit just about any budget or family requirement. Still, you’ll inevitably have to deal with financing and this will mean taking on a mortgage. Sorting through the numerous mortgage options available to today’s home buyers can be intimidating for everyone from first-time purchasers to long-time owners. The rules seem to change constantly and there’s […]
  • How to Save for a Down Payment
    Owning your own home has a lot of payoffs, especially these days when mortgage rates are still among the lowest in 30 years. There are also many housing options available in a wide range of prices. Simply put, you can carry a home of your own for no more than what you would pay in rent. And, unlike renting, your payments go toward increasing the equity in your home. So, what’s stopping you? For most people who have never owned a home before, it’s the initial down payment and the […]
  • How to Match the Home You Buy
    How to match the home you buy to your pocketbook So, you’ve decided to take the big leap and purchase your first home. Most of us have a “dream home” tucked away at the back of our minds — complete with six bedrooms, two fireplaces and a panoramic view. Before setting off to view properties you likely can’t afford, step back and take a reality check. Your “dream home” can easily become a nightmare when most of your money goes to pay the mortgage and there’s little left over for […]
  • Don’t Forget Closing Costs
    Don’t forget closing costs when buying a home Despite the low cost of carrying a mortgage these days, you should keep in mind “closing costs” in addition to your down payment for that dream home. These various charges can add up, and for the most part they are all legally required payments in buying a property. Here is a list of most of your major “closing costs.” Legal fees: Since a lawyer is an essential part of your home-buying team, the work provided involves fees. Most legal fees include searching the […]
  • Cut Years off your Mortgage
    With today’s low interest rates, deciding to buy a home is one of the best decisions anyone can make. Financing such a big purchase, however, often means combining savings with money borrowed through a financial arrangement, commonly referred to as a mortgage. Mortgages allow you to pay back the principal, or amount borrowed, plus interest, in regular installments. The taxes on your home can also be added to the mortgage payments. Most mortgages are amortized over 25 years – that’s the length of time it takes for you to pay […]