Tagged : Buy a house

Found 4 blog entries tagged as "Buy a house".

houseonmoney__voronin76_450homes.yahoo.com - Looking to get your foot in the door (of your new home)? If you’re a renter who’s tired of paying someone else’s mortgage, now may be the time to pursue the American dream of homeownership. In fact, the days of needing a 20% down payment are long gone. While you can always elect to put down the full 20% or more, there are now many alternatives available. Here’s what you want to know if buying a house is in your future.

 

In the mortgage industry, 20% down is considered the benchmark down payment for looking strong on paper as a home buyer. While this a general standard for financial strength, it is by no means a requirement, nor is it necessarily expected.

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blockhouse_denis-yulia-pogostins__450Realtor.com - Buying a house is a highly individual decision—and a local one—but current trends are creating a favorable situation for many would-be homeowners.

Interest rates are low, employment is rising, home prices—in most markets—are still well below their peaks, and rents are through the roof.

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moneyhouse_oleg-doroshin_450homes.yahoo.news - If you're thinking about buying a home soon, you're probably trying to figure out how much money you'll actually need in order to close on a home.

And while a down payment is often the biggest cost that homeowners plan for, there are other fees associated with buying a home that many people often forget about.

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housemoney_volff_450homes.yahoo.com - Timing is everything when it comes to a lot of things - baking a soufflé, fertilizing your lawn, and buying a home. Not so sure about that last one? With interest rates going up and housing prices on the rise, you may think that it might not be the best time to purchase a home or even refinance the one you've got. But experts disagree.

Click the link below for the five major reasons why mortgage experts believe that there is no better time than the present to get that dream house you've always wanted:

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