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Before Buying a New Home, It’s Best to Do Your Research. Here’s Everything You Need to Know.
Considering new construction homes in Maryland? If so, you’re not alone! From vibrant cities to charming suburbs in the rolling countryside to the coasts of the Chesapeake Bay and Atlantic Ocean, Maryland’s diverse geographies, compact size, and proximity to major government buildings, military bases, metropolitan hubs, and more offer a fit for every lifestyle, making Maryland a wonderful place to buy a new home.
55+ and older communities offer a range of benefits to their residents. From promoting an active and engaging lifestyle to providing a strong sense of community and convenience, these communities can be an ideal setting for your golden years.
Considering new construction homes in Arizona? If so, you’re not alone! Arizona is a beautiful state with a lot to offer, from its thriving metropolis to its stunning desert landscapes – and thanks to it’s warm weather, stunning scenery, and growing economy it makes it a wonderful and popular state for new homebuyers and a new construction home is the perfect way to get exactly what you’re looking for in your home. But before you start shopping, there are a few things you need to know.
Home equity is one of the most important concepts to grasp when buying a new home, and one of the fundamental pluses of home ownership: Unlike a home you rent, a home you buy can actually pay you back.
How is that? Well, the reason for that is home equity, and we’re here to explain what it’s all about!
With beautiful designer features and a quick move-in time, a move-in ready home might be the perfect option to simplify your search.
Also known as a single-close loan, a construction-to-permanent loan includes the cost of land, the new build, and the mortgage. Learn more.
Even buyers approved for a mortgage may have their approval withdrawn just a few days before closing, or even once construction of their new home has begun. Most rescinded mortgage offers can come down to one (or more) of a few common reasons — and if you know what to look out for, these pitfalls will be that much easier to avoid.
Anyone interested in applying for a home loan, or just in learning more about them, may find themselves inundated with information, with endless details and distinctions, before they’ve even clicked on their first search result. But you’ll find that as distinctive as they can be, most home loans fall into a few broad categories – and once you have a basic understanding of those, you can start to see which mortgage might be best for you, whether you’re an existing homeowner or a first-time buyer.
So, what exactly are closing costs? At their most basic level, they’re a bundle of fees that are due on the day a property sale closes – basically any expense other than the down payment. Closing costs can be paid by the buyer, seller, or both, and legally must be disclosed and agreed on in advance before the purchase can be completed.
What exactly is a real estate agent fee, and how is it determined? As is so often the case in the homebuying process, appearances can be deceiving. Let’s learn more about what exactly real estate agent fees are, and what they could mean for you.
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