Tip #7 in our series on how to save money when buying a house is: Use Down Payment Assistance
Not enough money for the down payment? You might be surprised to hear that there are people who are willing to give you money for your down payment. How much they give you varies, but in many [...]
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Tip #10 in our series to save money when buying a house is: Use Your Own Insurance Agent.
Shop around for Homeowner’s Insurance. Many times your real estate agent or your mortgage broker will tell you to use a certain insurance agent. This can be a big mistake. Even though it is illegal, many agents [...]
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Tip #8 in our series on how to save money when buying a house is: Avoid MIP by getting a second mortgage
MIP is called Mortgage Insurance Premium. This is a form of insurance that you are required to pay for if your loan if greater then 80% of the value of the house. So for [...]
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Tip #9 in our series on how to save money when buying a house is: Get The Seller To Pay The Title Costs
All the costs in a real estate transaction are negotiable. And it is surprising what you will get if you ask. But you have to ask.
When writing up your offer to buy a [...]
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Tip #6 in our serious on how to save money when buying a house is to Pay Down Your Debts
Paying down your debts does two things: it increases your credit score, resulting in a lower interest rate. Your score goes up because with less debt you are less of a risk of defaulting. And second, [...]
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