You may be able to completely finance your purchase without the required down payment, but you will have out-of-pocket expenses when you buy a home. Excluding a down payment, which is typically 3%-20% of the purchase price, you will need to pay any contractors that refuse to be paid at closing, a moving company (or truck rental) to haul your …
Is It Worth It to Make a Large Down Payment on Your Home?
Deciding on a down payment is one of the most difficult but important aspects of buying a home. There are benefits and drawbacks to both small and large down payments, and opinions on which is better can vary dramatically. Before you apply for a mortgage, you should have an idea of what you want to […]
How Much Money Do I Need for a Down Payment? | Home Buyer Tips
Realtor Melanie Cameron shares the national average down payment required for purchasing a home. She also explains how home buyers can qualify for a 0% down payment or no payment down program. Get more great tips in our 60-page Buyer Guide. Don’t forget to comment, share, and like this video on Facebook and YouTube to be entered into the monthly …
Landed: Down Payment Assistance for Teachers
If Mark Zuckerberg is investing in a startup, good chances are you want to pay attention to it. He has a knack for business and one of his primary goals is to invest in businesses that will make the world better, and one of his latest investments does just that. Landed aims to help educators purchase a home. Landed is …
Buying a Home is All About the Numbers
Happy Monday! I hope you had a fantastic weekend and enjoyed the warm weather we had on Saturday! Since the “bubble burst” of the real estate industry and the revamping of lending practices a lot has changed. I’m in the process of buying a home now and going through the process has been a reality check for me for what …