.: Buy House Top Related Articles
1). Refinance & Mortgage Tips: Down Payment From 401k Or 403b Retirement Annuities
If you are purchasing a home and have a substantial portion of your assets inside of a retirement account such as a 401K, 403B or other retirement product or annuity, you may choose the increasingly popular option of tapping those funds to make a down payment on your new home. Like any other accounts you may have in your name, such as brokerage accounts.
Article tags: debt consolidation, mortgage, refinance, credit card, home loan, buy house, first time buyer
2). Refinance & Mortgage Tips: Down Payment With Gift Letter
If you are a first time home buyer who has been out shopping for that dream house, you’ve probably already heard your real estate agent or property developer’s first question: “How much will you be putting down?” If you have excellent credit, several years of consistent income on record and a relatively long history of using credit wisely, you may qualify for 100% financing, often referred to as a “No Money Down Mortgage” or “Zero Down Home Loan”.
Article tags: debt consolidation, mortgage, refinance, credit card, home loan, buy house, first time buyer
3). 10 Ways to Buy a Home With Little or No Money Down
There are many ways to buy a home, even if you have little or no money to put down. Here are a few of the basics:
1. Sweat Equity
Sweat Equity is a way to get a home by trading work for equity in the house. This could be used for a down payment or for purchase later. This is a great technique if you are handy with tools, yard-work, and paint.
Look for fixer-uppers in neighborhoods you are interested in.
Article tags: real estate, bad credit, no money down, buy home, buy house, rent to own
4). Refinance & Mortgage Tips: Down Payment From Savings
Once you’ve figured out how much of a down payment you can make on your home mortgage, it’s time to determine how to document the source of your funds for the down payment and closing costs. Now you might be saying, “Why do they care where I get the money?” Lenders need to verify the source of funds to both assess the underlying risk in you as a borrower as well as to prevent loan fraud.
Article tags: debt consolidation, mortgage, refinance, credit card, home loan, buy house, first time buyer
5). What To Ask When Looking At Potential Homes
Buying a house can be an intimidating and overwhelming experience. Here are some key questions to ask yourself and sellers before plopping down a down payment.
What To Ask When Looking At Potential Homes
Following is a list of general questions you should always ask when considering making a real estate purchase. Keep in mind, however, you are unique.
Article tags: real estate, buy house, buy homes, questions, questions, home inspections
6). 5 Major Reasons Why You Should Buy a Home Instead of Rent
There are times when it is better for a person to rent, but most often home ownership has many more benefits and advantages.
About 10 year ago a had a retired aunt and uncle who rented a condo in Las Vegas. Uncle Jim (not his real name) was a retired minister. Throughout his career he and his wife lived in parsonages, which are homes furnished by the congregation while they ministered there.
Article tags: real estate, debt consolidation, bad credit, home ownership, buy home, buy house, rent
7). Why Own a Home Instead of Rent?
There are times when it is better for a person to rent, but most often home ownership has many more benefits and advantages.
About 10 year ago a had a retired aunt and uncle who rented a condo in Las Vegas. Uncle Jim (not his real name, but that's what I'll call him) was a retired minister. Throughout his career he and his wife lived in parsonages, which are homes furnished by the congregation while they ministered there.
Article tags: real estate, bad credit, buy house, rent, home, equity, ownership
8). Septic Systems 101 for Home Buyers
If you’re a city dweller who is looking for a home in the suburbs, it’s likely that you’re looking at homes with septic for the first time. This situation tends to make buyers nervous. It needn’t.
Let’s take an overview of what a simple septic system is, how it’s maintained, and what you can do if you’re buying a home that uses one. A septic system is a self-contained system for disposing of sewerage.
Article tags: septic, septic system, septic systems, suburbs, buy a home, buying a home, buy house, buy land