Many people want to move abroad someday but making that a reality can be tricky. For those looking to move to the United States, here at LendUS, we are happy to help. Not only will our Loan Advisors be able to help you secure funding, but we have developed a guide to illustrate how the process will be different for international homebuyers. From taxes to purchasing remotely to finding listings, this home purchase will not be an average experience.
Whether you’re looking to find a home for retirement or you need to move because of a new job, moving to another state isn’t as difficult as it may seem. There are advantages and disadvantages depending on the target state you are looking at. If you are looking to relocate or buy a second home in another state, there are many factors to consider.
Buying a home is a huge economic choice to make in your life. Sometimes it might not be the right choice right now, and renting might be a better option. There are many factors to consider when thinking about buying a home, such as debt, income, needs, and goals. In this article, we will go through each of these factors to determine if it is the right time for you to switch between rent to buy and buy to rent.
Becoming a homeowner is probably one of the biggest life goals everyone wants to achieve. Not only does owning a home give you a sense of freedom and autonomy, but it can also help increase your wealth. However, raising funds to achieve this dream can feel as challenging as climbing Mount Everest. This article will give you the tools to help make saving for a down payment a reality.
Down payment is one of the upfront payments we need to settle when taking out a mortgage to buy a home. Deciding how much to put on a down payment as a first-time homebuyer is important as it affects your finances when you buy a home and all throughout the life of your loan.
Homeowner associations (HOAs) have become more common over the years than many might think. According to a study in 2018 from the Foundation for Community Association Research, 26.9 million homes in the United States belong to an HOA with the highest concentrations of them in California and Florida. Before buying a home in an HOA, it is important to understand what they are. Here we will illustrate the pros and cons of HOAs so you can be better prepared when you go to buy your next home.
When buying a home there are multiple things to consider. What kind of mortgage are you going to get? Do you want to remodel? However, one of the most important things to think about that many don’t know is whether your neighborhood has a homeowners association (HOA). In this guide we’ll answer all your questions surrounding HOAs like how much they cost, who controls them, and if you can opt-out.
Buying a home is one of the biggest financial undertakings you can make during your life. Not many people can afford to buy their homes outright when the deal closes and need assistance in the form of a mortgage, or two. Here are the main types of mortgages borrowers can utilize when thinking about how to afford a home.
As a first-time homebuyer, it’s important that you know the loan programs available to you. In the first part, we discussed the two popular loan programs available for most homebuyers. In some circumstances, there are also loan programs that can help you buy a home if you have a limited budget or if you want to save your finances for other important matters.
Many first-time homebuyers are entering the real estate market this summer amidst the COVID-19 pandemic in order to acquire a piece of the American dream: homeownership. What many are realizing is that mortgage interest rates have become more favorable than in years past. As a first-time homebuyer, you may too find yourself competing with other buyers in a sellers’ market – where home prices have increased, and inventory is small. However, if you find your budget is tight, here are the best loan programs to help you buy a home for your family.