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Temporary Buydowns for Mortgage: Tackling High Rates with Ease

by Michael Sandberg | Jun 15, 2023 | Uncategorized

In today’s competitive housing market, it can be challenging for homebuyers to secure a mortgage with an affordable interest rate. Fortunately, there is an option that can help borrowers obtain lower interest rates temporarily, making it more manageable to buy a...

How Contingencies Work When Buying a Home: A Comprehensive Guide

by Michael Sandberg | Jun 15, 2023 | Uncategorized

When buying a home, contingencies are an important part of the process. Contingencies are clauses in a real estate contract that allow you to back out of the deal without penalty if certain conditions are not met. These conditions can include things like financing,...

First-Time Homebuyer Checklist: Tips for Buying Your Dream Home

by Michael Sandberg | Jun 15, 2023 | Uncategorized

If you are a first-time homebuyer, you may be overwhelmed with the process of buying a house. It is a significant investment, and you want to make sure you do everything right. One way to ensure you don’t miss anything is by using a checklist. A checklist will...

Mortgage Pre-Approval: What You Need to Know

by Michael Sandberg | Jun 15, 2023 | Uncategorized

Before you start shopping for your dream home, it’s important to get preapproved for a mortgage. A mortgage preapproval is a letter from a lender indicating how much money you can borrow to buy a home. It’s an important step in the home buying process, as...

How Mortgage Escrow Accounts Work: A Comprehensive Guide

by Michael Sandberg | Jun 15, 2023 | Uncategorized

If you’re a homeowner, you’ve probably heard the term “mortgage escrow account” thrown around before. But what exactly is it and how does it work? In short, a mortgage escrow account is a type of account set up by your lender to hold funds for...

Primary vs. Investment Home Mortgages: Understanding the Differences

by Michael Sandberg | Jun 15, 2023 | Uncategorized

If you’re considering buying a new property, you may be wondering about the differences between primary and investment home mortgages. While both types of mortgages help you purchase a property, they have different requirements and considerations. Understanding...
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