Tag: budgeting for a new home
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Ways to Jumpstart Your House Hunt Online
Read more: Ways to Jumpstart Your House Hunt OnlineGood news (and we could all use some right about now)! Not everyone can make it out to a sales center at the moment, but that doesn’t mean you have to put your home search on hold. Regardless of current circumstances, you can ramp up your house hunt right now, from the comfort of your…
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New Home Loan Limits for 2020
Read more: New Home Loan Limits for 2020Curious how new loan limits may affect your homebuying journey? Good news! Home loan limits have increased in the new year in several areas across the country. That means more homes may qualify for a greater variety of loans—potentially offering more ways to finance your dream home! While not all areas experienced increases, it’s definitely worth…
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4 House Hunting Mistakes to Avoid
Read more: 4 House Hunting Mistakes to AvoidIt’s a new year and you’re ready to buy a new home! But a house is a big investment, and you want to make sure that you get it right. Fortunately, we’re here to help. We’ve identified some common house hunting mistakes that can turn a seamless, stress-free home search into an exasperating experience. To…
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Habit Tracking: A Recipe for Success with New Year’s Resolutions
Read more: Habit Tracking: A Recipe for Success with New Year’s ResolutionsIt happens to all of us: despite our best intentions, the grand resolutions we make on January 1 tend to end up forgotten by the time February rolls around. Many of the most common goals (lose weight, change careers, etc.), are so daunting, it can be hard to follow through. If you’re already feeling overwhelmed…
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How to Use a Mortgage Calculator
Read more: How to Use a Mortgage CalculatorMortgage calculators are an underappreciated example of how the web has made home shopping easier, smarter and flashier. OK, maybe not flashier, but definitely easier and smarter, as they can provide quick insights into whether you’re able to afford a mortgage, and if so, what you’ll want or need for a down payment, monthly payment,…
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Help! I Bought a New Home But Still Haven’t Sold My Old Home
Read more: Help! I Bought a New Home But Still Haven’t Sold My Old HomeCongratulations! You’re under contract for a new home. There’s just one problem: your current home hasn’t sold—and closing day is coming up fast. What to do? Here are a few options to consider when you’ve purchased a home but still haven’t sold your old home. Take out a bridge loan (or swing loan) Ask your…
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How to Save Money for a Down Payment: 7 Strategies
Read more: How to Save Money for a Down Payment: 7 StrategiesSaving for a down payment on a new home might feel daunting, but small daily changes can make a big difference when it comes to setting aside money for a large purchase. We rounded up seven strategies that make it simple to streamline your spending and save up for your dream home—and it’s a lot…
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Deciding on a Conventional vs. FHA Home Loan
Read more: Deciding on a Conventional vs. FHA Home LoanFederal Housing Administration (FHA) and conventional (or conforming) home loans have long been the most common mortgage options on the market. But which one is right for you? First, it’s important to clear up a major misconception that an FHA home loan is only for first-time homebuyers. While that’s a myth, it is true is…
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What Down Payment is Needed for an FHA Loan?
Read more: What Down Payment is Needed for an FHA Loan?Insured by the Federal Housing Administration (FHA), FHA loans are an attractive option for first-time and repeat homebuyers, as well as those interested in refinancing their current home loan. Many factors contribute to the popularity of FHA loans—chief among them being a lower down payment requirement (as low as just 3.5%), compared to as much…
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4 Signs You’re Ready for Your Next Home
Read more: 4 Signs You’re Ready for Your Next HomeOn the fence about buying a new home this year? Following are four signs you’re ready to make a move—and soon! Your home requires major renovations. Current living space simply not working for you? A brand-new home may be a better option than costly, time-consuming renovations. Plus, do you really want to live amidst the…
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How to Save for a Down Payment on a House
Read more: How to Save for a Down Payment on a HouseThere is no way around it; buying a home is a big deal! It’s an exciting opportunity to build new memories in a space that is truly your own. Part of embarking on the path toward homeownership is saving for the down payment. Luckily, there are straightforward techniques you can use to save for the…
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New Home Loan Limits For 2017
Read more: New Home Loan Limits For 2017Wondering about financing a new home in 2017? Good news! Home loan limits have increased in the new year for several areas across the country. That means more homes may qualify for a greater variety of loans—potentially offering you more ways to finance your dream home! While not all areas experienced increases, it’s certainly worth checking…
