Jun 29, 2023 | Real Estate, Real Estate Finance
By Cathie Ericson Jun 21, 2023 (Getty Images) True to its name, an assumable mortgage a type of home loan where the buyer takes over the seller’s mortgage, rather than applying for a new loan. Assumable mortgages offer an array of advantages over traditional...
Jun 27, 2023 | Consumer News and Advice, Home Buying 101, Real Estate, Real Estate News
By Kimberly Dawn Neumann Jun 19, 2023 (Getty Images) While buying most things in life is a fairly simple process of adding to cart and ponying up a credit card, buying a home is understandably a bit more involved. And if the home you’re hoping to buy is...
Jun 21, 2023 | Consumer News and Advice, Real Estate, Real Estate News
By Sally Jones Jun 15, 2023 (Justin Sullivan/Getty Images) If you’re a would-be seller, it might be thrilling to get an offer before your listing even goes online. Or better yet, you get an all-cash offer the very day it goes on the market....
Jun 20, 2023 | Consumer News and Advice, Home Buying 101, NAR, Real Estate, Real Estate Finance
By Lisa Johnson Mandell Jun 14, 2023 (Getty Images) “Down payment”: Ask most people what is an acceptable down payment on a house, and nine times out 10, they’ll tell you it’s 20% of a home’s selling price. So you do the math, and realize you’d have to put down...
Jun 15, 2023 | Consumer News and Advice, Home Buying 101, Real Estate, Real Estate Finance, Today's Top Consumer News
By Daniel Bortz Jun 15, 2023 (Getty Images) A seller’s worst nightmare is, of course, not being able to sell their home. But also scoring very high on the would-be disaster list is getting a lowball offer—as much as 10% to 30% below list price—from a...