Tag: Loan

Posted on 01/13/2022
Understanding Seller Financing
In real estate transactions, homebuyers have to obtain some kind of financing. Typically, this additional monetary support comes from a third party institution like a bank or mortgage lender. However, sometimes the seller may also offer financing directly. There are many options available depending on the specific need and situation. Here is a basic overview of seller financing...
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Posted on 03/19/2020
Are You Eligible for a Rural Loan?
Photo by Pete Linforth via Pixabay Vacant land is a hot commodity – especially for builders. If you’re searching for a home, you may find one in an area that’s growing in population but still offers great lots. Interestingly enough, these areas that look like thriving cities could be zoned in an area deemed “rural.” If so, you...
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Posted on 02/27/2020
Mortgage Pre-Approval Pros and Cons You Need to Know
Image by Mediamodifier from Pixabay As you enter the home buying process, some people may recommend that you seek mortgage pre-approval. This is typically one of the first steps in the process, and you may view it as something you have little choice over. Yet mortgage pre-approval is not a requirement to start shopping for a house, and...
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