When the littlest member of your family gets close to becoming mobile, it’s time to baby-proof. Some people might enlist the help of a professional, but many take on the task themselves. If&
How to Get the Best Deal When Buying a Home
Dated: January 10 2019
Are you planning to buy a house? There are ways to save a few bucks when doing so. Just follow these tips
Use a trusted and experienced real estate agent
Being represented by an agent is vital. When you are with the right real estate who are experienced enough to help you with your home buying, you can save a lot. They can help you negotiate various things in the contract to protect and help you save money that you had no idea possible. Your transaction will go smoothly and you have more chance of getting a good deal out of it.
Shop more than one lender
Each lender has their own interest rates. It is important to shop for a few and get at least 3-4 loan quotes to compare who offers the best deal. Check and compare not just their interest rates but also estimates of other fees such as origination fee, application fees etc.
You may want to read this blog when choosing a lender.
The higher the down payment the better
If you can pay 20% down payment, please do so. You can save with insurance and you can lower your monthly payments which is a good thing in case the rain comes in the future.
Boost your credit score
Your loan can be cheaper if you have a higher credit score. Paying off your credit card balances and avoiding any new loans or credit before and while applying for a mortgage can help you improve your credit score. By doing so, lender fees and interest rates can be lowered.
Determine the best mortgage loan for you
There are many different mortgages options available in the market.
Check your timing
Trying to get
Whatever you do, don’t be shy to ask questions and get some help. If you are planning to get
Vanna has called Alaska home for the past 15 years. As a mother, real estate investor and previous business owner, Vanna brings many different perspectives when working for her clients. She has been a....