Tag: homebuyer
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How Owning a Home Builds Your Net Worth
Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important. If you’re looking to increase your financial security, here’s…
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2020 Homebuying Checklist | MyKCM
2020 Homebuying Checklist Some Highlights: If you’re thinking of buying a home, plan ahead and stay on the right track, starting with pre-approval. Being proactive about the homebuying process will help set you up for success in each step. Make sure to work with a trusted real estate professional along the way, to help guide you through the homebuying steps…
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What if I Wait a Year to Be a Home-buyer?
National home-values have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many home buyer to enter into the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term price’ – where home-values are headed over the next six months.…
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Buyers: Don’t Be Surprised by Closing Costs!
Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a closing disclosure 3 days…