What Happens If I Skip a Mortgage Payment?
By Daniel Bortz Jun 27, 2023 (Getty Images) “What happens if I skip a mortgage payment?” is one of those questions we hope you never have to ask, but life is unpredictable. Sometimes no matter how carefully you plan, you may find yourself short on the [...]
What is an Assumable Mortgage? Major Savings if Your Loan Makes the Cut
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 loans, but [...]
10 Steps to Buying a New-Construction House: A Guide for First-Time Homebuyers
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 [...]
What Credit Score is Needed to Buy a House?
By Angela Colley Jun 21, 2023 (Photo-Illustration by Realtor.com; Source: Getty Images) If you’re wondering what credit score is needed to buy a house, it’s important to remember that the minimum score varies from lender to lender. If you have a good credit score, you should be able to get [...]
Should You Sell Your Home to a Real Estate Investor? The Pros and Cons
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. Wow! You might feel like the [...]
What Is the Standard Down Payment on a House?
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 [...]
