Buying a Home with Cash Vs. a Mortgage Financing - Melanie Cameron r

Buying a Home with Cash Vs. a Mortgage (Financing)

Melanie Cameron Home Buyer Tips Leave a Comment

 Realtor® Melanie Cameron shares the benefits and disadvantages of purchasing a home with cash versus a mortgage (financing). While owning your home outright sounds like a great idea, there are some opportunities you may miss out on by not financing your purchase. Considering buying or selling your home? Give Melanie a call or send her a text message at …

If You Can’t Secure a Traditional Mortgage, Is It a Good Idea to Use a Private Lender?

Meghan Henderson Home Buyer Tips Leave a Comment

If you feel ready and excited to buy a home, being denied for a traditional mortgage can be incredibly frustrating. Conventional mortgages typically have income and credit score requirements that not everyone meets, and most lenders tend to be inflexible with these terms. After being denied for a conventional mortgage, you may consider working with […]

What’s in a Mortgage Payment? Hint: It’s Not Just Your Loan

What’s in a Mortgage Payment? Hint: It’s Not Just Your Loan

Meghan Henderson Home Buyer Tips Leave a Comment

If you are a first-time home buyer, you may not know that your mortgage payment consists of more than just the loan you’re approved for. This is especially important to understand, because these additional “pieces” raise the amount of money you’ll be paying out-of-pocket every month. Depending on the size of the home you are buying, this could be more …

Is it Always a Good Idea to Make a 20% Down Payment for a New Wilmington Home?

Meghan Henderson Home Buyer Tips Leave a Comment

Buying a home is likely the biggest financial transaction of your lifetime. It takes most people years to prepare to buy their first home, and saving for the down payment is often the most difficult step. A conventional down payment is 20 percent of the value of the home. There are benefits to making a […]

Home Mortgage Rates by Decade (And How They Compare to Today)

Meghan Henderson General Real Estate Leave a Comment

Interest rates may be rising, but compared to past decades – they’re awesome! Financially, right now is a great time to buy if you’re in the position to do so. If you aren’t sure, text or give us a call at (910) 233-2840 and we’ll put you in touch with a reputable lender who can give you a good idea …