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Tag: Homebuyers

Posted on 05/28/2022
Do You Need a Bigger Down Payment?
Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...
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Posted on 12/07/2019
Pros and Cons of Balloon Mortgages
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
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Posted on 10/05/2019
Downsizing Your Living Space
People downsize their living-space for all kinds of reasons. Making the decision to downsize shouldn't be a negative experience and shouldn't feel like your downgrading your home. Follow these tips to level up your lifestyle and home enjoyment while downsizing your accommodations. Find a space that works for you. You might be moving from a large home with...
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Posted on 09/28/2019
Buying a Home with a Minimalist Mindset
Are you a minimalist? If you’ve heard this question recently, you may be wondering just what it means and how does it affect you. It is NOT a set of rules.It is NOT about how much you own. It is NOT about how much money you earn. It is NOT about buying specific items or giving up certain...
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