HOW they can be paid, borrowed, financed ... and possible credits for Closing Costs that might be available to them from their Sellers or their Lender. I find that many of my new clients have preconceived notions about Closing Costs. Or they're just plain confused by them. And it's easy to understand why this can be the case. The differing loan types ... Conventional, FHA, VA, USDA, Jumbo loans ... all have varied Rules and Guidelines. It can be tough for new Borrowers to wrap their head around all of it. It's a lot to … (12 comments)
sellerpaid closing costs: What Closing Costs to Expect if You're a First-Time Home Buyer
- 08/28/15 09:37 AM
What Closing Costs to Expect if You're a First-Time Home Buyer There's a lot of things to learn and know when hoping to become a First-Time Home Buyer. It can all seem a bit overwhelming ... Closing Costs: Closing Costs are one of the most important things you must know as part of your upcoming transaction and financing. And while everyone's transaction may have costs specific to it (or the locale of the property), there are some costs that are pretty much basic and universal to every transaction. Below is a comprehensive list of those costs charged … (31 comments)
Looking out my office window right now, you'd never know that Spring ... and Spring's busier Chicagoland housing market isn't that far off. Yet, the Spring time change is here ... and warmer temperatures are predicted soon ... Chicagoland First-time Home Buyers (those that oftentimes are purchasing homes from the low $100K's to the low-$200K's) and anyone else hoping to buy during this upcoming Spring and Summer markets, should be making plans and taking action NOW. Not waiting until winter snow disappears from the ground and temperatures are rising. So, if you're … (19 comments)
sellerpaid closing costs: Preparing to Buy a Chicagoland Home: Seller-Paid Closing Costs
- 01/22/14 10:08 PM
Preparing to Buy a Chicagoland Home: Seller-Paid Closing Costs Looking out my office window right now, you'd never know that Spring ... and Spring's busier Chicagoland housing market isn't that far off. Yet, it's true ... Chicagoland First-time Home Buyers (those typically purchasing homes from the low $100K's to the low-$200K's) and anyone else hoping to buy during this upcoming Spring's warmer-weather market, should be making their plans NOW, while winter snow is still on the ground and temperatures are frigid. So, if you're a hopeful Chicagoland First-Time Home Buyer (or anyone seeking Mortgage financing) what … (12 comments)
Your Buyer's Guide to Closing Cost Credits
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