Posts tagged as:

First time home buyers

Home Loan Applications Rise as Interest Rates Drop

December 2, 2009

Recent home buying trends are showing that there are more home loan applications right now than there have been in the past few months. Along with that rise in home loan applications, interest rates on home loans have dropped below 5 percent on a 30-year fixed mortgage, according to one industry group.
The increase over the [...]

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Vanilla Home Loans on the Way

November 4, 2009

For the past decade or more, home loans have tended to be anything but basic. Complex loans, such as those that feature interest-only payments or option Adjustable Rate Mortgages, have been the rule, rather than the exception. The sheer complexity of the home loan marketplace can leave the new home buyer frustrated and confused. [...]

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Why Are Title and Escrow Companies Necessary?

October 28, 2009

If you are buying Denver Metro real estate, you will be using the services of an escrow and title company. Title and escrow companies are necessary third parties that are being used in real estate transactions. You should understand the function and role each play in the transaction.

Title Company
The title company insures that [...]

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Fix Your Credit Report Before You Buy a Home

October 12, 2009

If you’re preparing to buy a new home, what’s in your credit report can make all the difference. Even if all of your other information is stellar, such as your income to debt ratio or a high down payment, a negative credit report can cost you thousands of dollars in interest or even the ability [...]

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What you need to know when buying your first home

September 21, 2009

A Step-by-Step Guide to Buying Your New Home
If you’re like most first-time home buyers, you probably don’t have a clue about where to start when buying a new home. Unfortunately, if you don’t go about things in the right way, you’re likely to wind up with a mortgage that’s too high, a higher interest rate [...]

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