Archive for the ‘Down Payment’ Category

How Much Money You Really Need To Buy A Home, Part One

Posted by wadmin on Thursday, August 1, 2019

First time Gresham homebuyers may be surprised by the amount of money you need to save to close a deal on a home. In addition to the mortgage down payment, Gresham homebuyers need to be prepared to save up for additional costs and fees to be able to complete the transaction of buying a home. […]

How To Save For A Down Payment For Your First Home, Part 2

Posted by wadmin on Tuesday, July 9, 2019

One of the most important first steps Gresham locals can take towards home ownership is to begin saving for a down payment. Once Gresham home buyers know just how much of a mortgage they can afford, they should start saving for a down payment. By figuring out how much you need to save and how […]

How To Save For A Down Payment For Your First Home, Part 1

Posted by wadmin on Thursday, July 4, 2019

  One of the most important first steps Gresham locals can take towards home ownership is to secure a down payment. Once Gresham home buyers know just how much of a mortgage they can afford, they should put together a savings plan for their down payment — if they don’t already have that amount established […]

Tips for Gresham First Time Home Buyers, Part 1

Posted by wadmin on Thursday, May 16, 2019

Buying a home for the first time can be an exhilarating and nerve-wracking experience all at once. On the one hand, buying a home means taking the first steps toward long-term stability. On the other hand, if you are underprepared for buying a home in Gresham, you could easily find yourself in over your head. […]

How to Know if You’re Ready to Buy a Home

Posted by wadmin on Thursday, April 4, 2019

Buying a home is a huge step — one that can lead you down the path to financial security. However, owning a home before you’re ready can be a step in the wrong direction. It’s not just about whether you can afford a home — ask yourself if you should and if you’re really ready […]

10 Evergreen Real Estate Tips That Hold True in Any Market

Posted by wadmin on Tuesday, January 29, 2019

Although the real estate market is known for being fickle and everchanging, there are certain constants in the home buying and selling process. Some things are not affected by the ebb and flow of the market, so there are some pieces of advice that will always be applicable. Here are 10 evergreen real estate tips […]

8 Mortgage Tips for First Time Home Buyers

Posted by wadmin on Thursday, January 24, 2019

The process of shopping for a home and getting your first mortgage can seem like a daunting task. As with many things in life, however, the process becomes easier when you arm yourself with good knowledge. For those looking to buy a home for the first time, here are eight mortgage tips to know. 1. […]

How to Determine What Kind of House You Can Afford

Posted by wadmin on Tuesday, January 15, 2019

When you are preparing to buy a home, it is important to figure out how much you can comfortably afford. Overextending yourself financially to get a home makes it more likely that you will not be able to keep up with monthly mortgage payments. Luckily, there are a few rules you can follow to help […]

How Long Should It Take To Save For A Down Payment?

Posted by wadmin on Thursday, January 3, 2019

How long will it take? When saving for the down payment to your home, remember that the more you can save, the better. It’s true that, depending on what type of loan you are eligible for, you can get a fairly low down payment requirement. FHA loans can require as little as 3.5% down payment, […]