Traditional loans require 20% down. On a $200,000 home, the down payment would be $40,000. That’s a considerable sum of money to generate.… Read More
Galaxy Lending Group
Calculations regarding the duration and amount of the loan coupled with changing interest rates can make it a scary prospect. Get familiar with your current agreement with your lender to make sure you are making an educated choice.… Read More
When it comes down to it, you have to consider if you can afford to purchase a home and comfortably pay the mortgage. This often results in a dangerous guessing game.… Read More
There is a very good chance that home buying in winter will result in finding properties that are a lot cheaper. Realtors and loan companies know it’s hugely beneficial for home hunters to buy during the winter. A seasonal low is usually reflected on the price tag for properties on the market during this time of year.… Read More
2018 has brought with it many changes for potential homeowners; not least amongst them the new tax bill. The cons seem to outweigh the pros until you are looking at renting versus buying from a purely mathematical perspective. There are considerations that can be overlooked, which would otherwise prompt more Americans to favor buying over… Read More
However, a report from the National Low Income Housing Coalition has concluded those who work full-time at minimum wage are unable to afford the rent for even a two bedroom apartment in the United States. Therefore, it may be time to check if the scales have been tipped in favor of buying for many Americans.… Read More
