Category Archives: Financing

Benefits of Home Evaluation

A home evaluation is comparable to a house appraisal and home inspection combined. Most of the time it is performed by a real estate agent. It is done to determine the market value of a property that his or her client would like to sell or it can also be a home that a buyer is eyeing. On top of looking at the total appeal of the house itself, an evaluation also considers other aspects. This inclu read more

Understanding How A Mortgage Works

Though a few fiscally smart folks have scrimped and saved in order to pay for their home out right, chances are when the time comes for you to buy your first house you're going to be visiting your financial institution to sort out a mortgage. What Is A Mortgage? In the most basic of terms, a mortgage is a loan in which your house functions as the collateral. The bank or lending i read more

Finance 101 – Tips On Borrowing For Your First Home

You're ready to buy your first home, a huge commitment but also a fantastic idea – why pay someone else's mortgage when you can pay your own? Real estate is one of the most stable investments you can make, even in a fluctuating economy. Before you get excited about house hunting, you need to figure out your finances: how much can you spend, what will your monthly obligations be, should you allo read more