Below you'll find a list of all posts that have been tagged as “down payment”
In the highly-competitive Southern California housing market, the thought of sourcing funds for a home down payment can send shivers through first-time home buyers. Never fear, though. There are lots of options. Sometimes would-be home buyers get discouraged by myths that just aren’t true. Chief among them is, you need to put 20% percent down. If you’re following this school …
In a housing market where prices seem to be constantly on the rise, combined with Southern California’s well-known top-dollar real estate price tags, local buyers can find themselves wondering exactly how much money they need on hand to invest in the home of their dreams. When you combine the considerations of a down payment, the spectrum of closing costs, and …
Buying a home is an exciting event but saving up for the down payment can be daunting for many buyers. Fortunately, there are down payment assistance programs that can help California home buyers minimize their upfront costs. “In this age of massive student loan debt and the rising cost of SoCal living, it can often feel like homeownership will always be just …
Foreclosure is an awkward word in the world of homeowners. It represents a lot of disappointment and unhappiness with the entire process, which normally is a great source of pride and joy. The last great recession left a lot of families in this position. Despite many having recovered their credit, there’s a notable reluctance to go back into the process …
When It Comes To Down Payments, Not All Parts Of The Country Are Equal In a recent study conducted by Builder.com, researchers determined that nationwide it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home. Depending on where you live, median rents, incomes and home prices all vary. By …
Many buyers apply for a loan and obtain approval before they find the home they want to buy. Why? Pre-Qualifying Pre-qualifying will help you in the following ways: 1. Generally, interest rates are locked in for a set period of time. You will know in advance exactly what your payments will be on offers you choose to make. 2. You …
