How to Overcome the Biggest Obstacle to Homeownership Raising enough cash for a down payment is often the biggest hurdle for homebuyers. According to some estimates, it can take up to 15 years for people to save towards the purchase of a home, especially with conventional mortgages, which require anywhere between 5 to 20 percent down. If you’re trying to buy a $400,000… Read More
Cómo superar el obstáculo más grande para ser propietario de una casa Recaudar suficiente efectivo para un enganche es a menudo el mayor obstáculo para los compradores de casa. Según algunas estimaciones, puede llevar hasta 15 años para que las personas ahorren para la compra de una casa, especialmente con hipotecas convencionales, cuales requieren un enganche de entre 5 y 20 por ciento. Si está intentando comprar una casa… Read More
3 Risk Factors That Can Make or Break Your Home Loan Despite inflated prices and high demand, owning a home is still a big part of the American Dream. And a major first step to reaching that dream? Securing financing. Convincing a bank or credit union to fork over hundreds of thousands of dollars – on the expectation it will be paid back – is no… Read More
Five Must-Read Tips to Buying A House In Today’s Market According to a new survey from ApartmentList.com, college-educated Millennials will need about five years to save for a down payment on a median-priced home. What’s worse, Millennials living in Denver will need 15 years (15!) to save for a home, thanks to increasing costs. While this news is frustrating, there are things you can do… Read More