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Estimated reading time: 5 minutes As mortgage rates have gone up, so has the popularity of temporary mortgage buydowns. Temporary buydowns allow homebuyers to lower a mortgage rate…
Tag: Buying A Home
This step-by-step guide is packed with tools and insights to help you navigate the process from preparing to shop to closing on your new…
The homebuying process can be overwhelming, and it can be confusing to know where to start. If you’re looking to buy a home, check out our step-by-step process below and download our…
Estimated reading time: 1 minute For home purchasing purposes, an escrow period refers to a period of time when the funds and documents necessary to fulfill a homebuying contract are…
A contingency is a section in a real estate contract, set by either the homebuyer or seller, that outlines a condition that must be met before the contract can be fulfilled. Many…
An earnest money deposit, often just called earnest money, is an amount of cash that a potential buyer agrees to pay soon after their offer on a home is accepted. It’s provided as a…
Estimated reading time: 5 minutes There were more than 18 million veterans in the U.S. in 2023, according to the Department of Veterans Affairs (VA). If you’re one, there…
Estimated reading time: 5 minutes If your mortgage requires one, you’re probably familiar with what an escrow account is. These are accounts that mortgage servicers (the…