Tag: Homebuyer

Posted on 09/24/2023
Assuming a VA Loan: Benefits & Drawbacks to Consider
Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...
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Posted on 06/04/2023
Assuming a VA Loan: What You Should Know
Assuming a VA loan can be a convenient and cost-effective way for veterans to finance a new home. By assuming a loan, the buyer can take over an existing mortgage when buying a home. Loan assumption can have numerous advantages for the buyer and seller, and is considered an often overlooked VA benefit. Here are some major reasons...
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Posted on 07/24/2022
Stick-Built Homes: 5 Things You Should Know About Them
When you have a house built on your land, this is known as a stick-built home. These homes are considered traditional compared to modular or prefabricated houses that are built elsewhere and transported to your property. If you’ve been thinking of having a stick built house constructed on your land, it’s important to learn as much about them...
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Posted on 12/26/2021
How Much To Put Down When Building a House
Photo by Karolina Grabowska from Pexels Most people who decide to build a new house plan on financing the construction via one of the multiple financing options available. However, the size of the down payment depends on what type of loan is taken out for the project. The following is a breakdown of what different loan programs commonly...
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