Explore our blog for insights on buying, financing, remodeling, and taking care of your home.
Home appraisals can be one of those things home buyers get tripped up about during the buying process. In fact, we've talked about home appraisals and why they're needed before. The fact is, they're good for buyers, sellers and everyone involved. But they can also be frustrating when an appraisal comes back with required repairs.
Someone buying their first home will have a lot of questions. We see it time and time again. Sometimes, those questions get answered by family and friends. Other times they're answered by a real estate agent. But when it comes to the financial side of buying a home, asking a mortgage expert might be in your best interest. We hear a ton of questions about mortgage loans, and this is a big one. Everyone hears that it's a mountain of paperwork to apply for a mortgage. Yes, it takes quite a bit of information, but it's not insurmountable.
For some remodeling projects, a home buyer will need some serious help. For others, a lighter duty of assistance will suffice. Where do you draw the line?
If you've already heard of the zero-down mortgage loan option USDA Rural Development, then you probably know the house must be in a specific area. As we've said here at AmeriFirst before, rural doesn't have to mean farm.