When you obtain financing for a home purchase, you will incur many different charges related to the mortgage. These are typically referred to as closing costs, but there actually include various types of expenses. This blog covers an explanation of lender closing fees in North Shore MA.
Lender Closing Fees
Discount FeesDiscount fees are a method … [Read More...]
NH Seacoast homeowners should estimate the actual improvement in property value versus the expense of specific renovations before completing any improvements. Some repairs are more effective than others. The following are details on NH Seacoast home renovations worth the investment.
NH Seacoast Home Renovations Worth The Investment
A majority of … [Read More...]
Tenancy is an ownership arrangement among multiple people who buy a home together. It specifies what will happen when one owner dies. There are three types of tenancy and each contains different rights and requirements. Below are details on the different tenancy relationships for MA Seacoast real estate purchases.
Tenants in … [Read More...]
Variable rate financing programs are used by many home buyers because of the lower monthly payments at the beginning. The interest rate may be below fixed rate loans, but this is not always the case. Home buyers must understand the terms of these mortgages and how they differ from other alternatives. This blog includes details on variable rate … [Read More...]
If you are thinking about buying real estate in the near future, there are particular mistakes that you must avoid as they may impact your financing options. Below are NH Seacoast purchasing mistakes to avoid.
NH Seacoast Purchasing Mistakes To Avoid
Mortgage companies review your income compared to your debt. Making major … [Read More...]
Some are surprised to hear that the USDA (US Department of Agriculture) offers home loans. The program is available in designated non-metropolitan towns and have beneficial terms and features. This article offers Southern NH USDA home financing information.
Southern NH USDA Home Financing Information
Benefits of USDA Loans
Local banks are … [Read More...]
When homes are transferred in MA, real estate transfer taxes (also known as deed recording taxes) are levied. Different from annual real estate property taxes, transfer taxes are applicable only once at settlement. It is helpful for home buyers and sellers to be knowledgeable on what a transfer tax is and the amount that it may contribute to funds … [Read More...]