5 mn read
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Do You Need Title Insurance, or Is It a Waste of Money?

5 mn readTitle insurance protects homebuyers from losses due to title issues. It covers problems like unknown claims, fights over ownership, and mistakes in public records. Lender’s title insurance saves the lender’s money, while owner’s title insurance keeps the homeowner’s investment safe. A title search is done before buying a property to find any title […]Continue reading "Do You Need Title Insurance, or Is It a Waste of Money?"
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4 mn read
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Oregon Mortgage Rates: Tips for Finding the Best Rate

4 mn readShop around and compare rates—don’t take the first mortgage you see. Get quotes from multiple lenders to compare interest rates, fees, and terms. Check and improve your credit score—lenders review your credit score. A higher score often qualifies you for a lower interest rate. Save for a larger down payment—a bigger down payment […]Continue reading "Oregon Mortgage Rates: Tips for Finding the Best Rate"
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4 mn read
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Do You Get a Tax Credit for Buying a House? How to Maximize Your Tax Savings

4 mn readWhile a federal tax credit for buying a house in 2023 doesn’t exist, homeowners can benefit from several tax deductions. A primary residence has potential tax benefits, including deductions for mortgage interest, property taxes, and certain home improvements. Understanding the difference between tax deductions and credits is vital for maximizing your savings. Before […]Continue reading "Do You Get a Tax Credit for Buying a House? How to Maximize Your Tax Savings"
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4 mn read
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Quicken Loans Guide to Fannie Mae HomePath Properties

4 mn readSave Money: HomePath properties are often priced below market value, offering potential savings for buyers. Help with Closing Costs: First-time homebuyers may qualify for assistance through Fannie Mae’s HomePath Ready Buyer program. Variety of Property Options: HomePath includes single-family homes, condos, townhomes, and multi-unit buildings. Streamlined Buying Process: The HomePath program simplifies the […]Continue reading "Quicken Loans Guide to Fannie Mae HomePath Properties"
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4 mn read
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Is It a Good Time to Refinance? How to Decide Based on Current Interest Rates

4 mn readRefinancing can secure a lower interest rate, reducing monthly payments and overall interest costs. Calculating your break-even point—the period of time it takes for savings to outweigh refinancing costs—is crucial. A good credit score is key to securing favorable refinance rates. Compare offers from multiple lenders to find the best terms. Carefully assess […]Continue reading "Is It a Good Time to Refinance? How to Decide Based on Current Interest Rates"
4 mn read
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Selling Home As Is: Benefits and Challenges of Selling Without Repairs

4 mn readSelling “as is” means passing on repairs to the buyer. This method is ideal for homeowners short on time or money or those who inherited a property. It’s crucial to price your home realistically, considering the needed repairs. Working with an experienced real estate agent knowledgeable in “as is” sales is recommended. While […]Continue reading "Selling Home As Is: Benefits and Challenges of Selling Without Repairs"
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4 mn read
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Should I Lock My Mortgage Rate Today: A Guide to Timing Your Rate Lock

4 mn readMortgage Rate Locks Explained: Locking your mortgage rate secures a specific interest rate for a set period, protecting you from potential rate increases. Optimal Timing: The best time to lock a rate is often after securing a home purchase agreement or when you’re comfortable with current rates. Rate Influencers: Federal Reserve decisions, inflation, […]Continue reading "Should I Lock My Mortgage Rate Today: A Guide to Timing Your Rate Lock"
4 mn read
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Second Home Mortgages: How to Finance Your Escape with Ease

4 mn readMake your dream a reality: A second home mortgage can help you purchase your vacation home. Tailored loans: Explore various mortgage options for second homes. Financial preparation: Understand the costs involved and plan your budget effectively. Compare wisely: Review different lenders and their rates to secure the best deal. Know the process: Familiarize […]Continue reading "Second Home Mortgages: How to Finance Your Escape with Ease"
4 mn read
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Home Buyers Insurance: How Does It Safeguard Your New Home?

4 mn readHome buyers insurance offers important financial protection for new homeowners. It gives liability coverage for your new home and brings you peace of mind. It’s essential to know the different insurance policies to find the best one for you. Home buyers insurance shields your investment from unexpected events. Doing the proper paperwork and […]Continue reading "Home Buyers Insurance: How Does It Safeguard Your New Home?"
4 mn read
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How AmeriSave Simplifies Mortgage Loans for First-Time Buyer

4 mn readAre you a first-time homebuyer or looking for a simpler way to handle your mortgage? AmeriSave Corporation could be the solution. This guide explains what AmeriSave Corporation is, how it has transformed the mortgage process, and the key documents you’ll need to apply. Discover various mortgage options, along with a step-by-step guide to […]Continue reading "How AmeriSave Simplifies Mortgage Loans for First-Time Buyer"
6 mn read
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What Happens at Closing: Are There Any Last-Minute Surprises?

6 mn readClosing day is the final step in buying your new home. To avoid last-minute surprises, it’s crucial to prepare for closing day and understand the process. Review essential documents, such as the closing disclosure, and ensure all necessary paperwork and payments are ready. The closing process generally includes signing loan papers, paying closing […]Continue reading "What Happens at Closing: Are There Any Last-Minute Surprises?"
5 mn read
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What Does a Mortgage Broker Do? Understanding Their Role in Your Home Buying Journey

5 mn readMortgage brokers help borrowers find lenders and present a variety of loan options. Brokers simplify the homebuying process, particularly for first-time buyers. They offer expert advice, negotiate rates and terms, and manage paperwork on your behalf. Brokers save time and effort by comparing lenders to find the best fit for your financial situation. […]Continue reading "What Does a Mortgage Broker Do? Understanding Their Role in Your Home Buying Journey"

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Disclaimer: The content on this site is for informational and educational purposes only and should not be construed as professional financial advice. Please consult with a licensed financial or tax advisor before making any decisions based on the information you see here.