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How Large A Down Payment Do I Need?
http://fwd4.wistia.com/medias/5gy7cm9pdv?embedType=iframe&videoFoam=true&videoWidth=640 There are mortgage options now available that only require a down payment of 5% or less of the purchase price. You’ll see some pictures in this video to help you remember...
What Is Included In A Monthly Mortgage Payment?
http://fwd4.wistia.com/medias/a3spxw56ip?embedType=iframe&videoFoam=true&videoWidth=640 The monthly mortgage payment mainly pays off principal and interest. But most lenders also include local real estate taxes homeowner's insurance, and mortgage insurance, if...
What Factors Affect Mortgage Payments?
http://fwd4.wistia.com/medias/mx1t1rstct?embedType=iframe&videoFoam=true&videoWidth=640 Well, as this story shows, the amount of the down payment the size of the mortgage loan, the interest rate the length of the repayment term and payment schedule will all...
How Does The Interest Rate Factor In Securing A Mortgage Loan?
http://fwd4.wistia.com/medias/fg4bx975gl?embedType=iframe&videoFoam=true&videoWidth=640 As you’ll see in the video, a lower interest rate allows you to borrow more money than a high rate with the some monthly payment. Interest rates can fluctuate as you shop...
What About A Home Located In A Flood Plain?
http://fwd4.wistia.com/medias/5tx4hlql1z?embedType=iframe&videoFoam=true&videoWidth=640 A flood plain is an area of land adjacent to a stream or river that experiences flooding during periods of high discharge. Watch this video and it’ll make sense. If you...
What Is Earnest Money, And How Much Should I Set Aside?
http://fwd4.wistia.com/medias/vknsfowmc6?embedType=iframe&videoFoam=true&videoWidth=640 Like the video shows, “earnest money” is money you put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate good faith and...
What Are “Home Warranties”, And Should I Consider Them?
http://fwd4.wistia.com/medias/yx37t31k5c?embedType=iframe&videoFoam=true&videoWidth=640 You’ll see some pictures in this video to help you remember later, but essentially, home warranties offer you protection for a specific period of time, such as one year,...
Are There Special Mortgages For First-Time Homebuyers?
http://fwd4.wistia.com/medias/6pki9bsd7l?embedType=iframe&videoFoam=true&videoWidth=640 Yes. Like the video shows, lenders now offer several affordable mortgage options which can help first-time homebuyers overcome obstacles that made purchasing a home...
How Can I Keep Track Of All The Homes I See?
http://fwd4.wistia.com/medias/58rldupqx5?embedType=iframe&videoFoam=true&videoWidth=640 There are some great tips in this video, like: if possible, take photographs of each house: the outside, the major rooms, the yard and extra features that you like or ones...
What Does A Home Inspector Do, And How Does An Inspection Figure In The Purchase Of A Home?
http://fwd4.wistia.com/medias/9169yinycr?embedType=iframe&videoFoam=true&videoWidth=640 As we show you in this video, an inspector checks the safety of your potential new home. Home Inspectors focus especially on the structure, construction and mechanical...