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
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