by Farah Jamshaid | Jul 12, 2024 | Buyers, Loans, Real Estate
Buying a home is a significant milestone, especially for first-time buyers. However, navigating the world of mortgages can be daunting due to the myriad of options and financial jargon. This guide aims to demystify the process, helping you make informed decisions that...
by Imran Lateef | Jun 27, 2024 | Buyers, Loans, Real Estate
Not getting pre-approved for a mortgage is a common mistake that can significantly impact the home-buying process. When buyers skip pre-approval, they lack a clear understanding of their budget, which often leads to wasted time looking at homes outside their financial...
by Imran Lateef | Dec 20, 2022 | Loans
When mortgage rates start to drop, it can be good news for homebuyers. This is because lower mortgage rates typically make it easier for people to afford to buy a home, as the lower rates can result in lower monthly mortgage payments. For example, if you are...
by Imran Lateef | Dec 20, 2022 | Loans
Here are 10 potential ways that a homeowner might be able to get out of negative equity: Wait for the value of the house to increase: If the value of the house increases, it may eventually be worth more than the amount that is still owed on the mortgage, allowing the...
by Imran Lateef | Dec 20, 2022 | Loans
Positive Equity: Positive equity in a house refers to the value of the house being greater than the amount that is still owed on the mortgage. In other words, if you were to sell the house, you would be able to pay off the mortgage and still have some money left over....
by Imran Lateef | Dec 19, 2022 | Loans
When interest rates are high, it means that it will cost more for a home buyer to borrow money to purchase a home. This is because the lender will charge a higher rate of interest on the loan in order to compensate for the increased risk of lending money at a time...
