buying a home: How Much Money Will I Need to Close on My Home?
- 01/30/09 11:11 AM
When one is thinking of buying a home the usual questions one asks are: How much payment can I afford? Do I have enough down payment? Another question you need to ask your self is do I have enough to cover the closing costs? To answer that question, of course, you need to know how much those fees will be. And, in order to know that, you need to know what fees there are to be paid. If you are buying in Colorado I can give you a little help. Below are listed some, if not most of the … (0 comments)
buying a home: How Do I Know Which Mortgage is Right For Me?
- 09/05/08 07:48 AM
Okay, what are the options? A Fixed-rate mortgage is one where you will have an interest rate that remains the same over the life of the mortgage. Fixed rate loans protect you from paying higher rates if the going rates rise. However, if the rates go down, you will not have the benefit of those unless you refinance. An ARM has a rate that is based on a money market index, like the US Treasury Bill, the London Inter-bank Offer Rate (LIBOR) or other regularly published indices. The rate can adjust up or down depending on current level of the index … (0 comments)
buying a home: A Quick Guide to Buying a Home
- 05/30/08 02:06 PM
Buying a home is one of life's most exciting times and it is one of the biggest personal investments a person will ever make so why not get better prepared? The more prepared you are in the beginning, the less overwhelmed you will be. Learn the steps in the home buying process, educate yourself on the details and search resources like the internet. Then use this info as you get started. Have a plan. First, check your credit rating. It's wise to check your rating with all 3 credit reporting companies. Correcting any errors now will avoid problems later when you … (0 comments)
buying a home: What is Your FICO Score?
- 05/14/08 03:07 PM
A FICO score is a credit score developed by Fair Isaac & Co. Credit scoring is a method of determining the likelihood that credit users will pay their bills. A credit score attempts to condense a borrowers credit history into a single number. FICO and the credit bureaus do not reveal how these scores are computed. Credit scores consider a number of factors such as: Late payments The amount of time credit has been established The amount of credit used versus the amount of credit available Length of time at present residence Negative credit information such as bankruptcies, charge-offs, collections, etc. … (0 comments)
When one is thinking of buying a home the usual questions one asks are:;)
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