One of the biggest challenges facing first-time home buyers is coming up with that coveted down payment. Those fortunate enough to have parents willing and able to help out will have a big hand up. Tapping into the bank of mom and dad is an increasing popular idea. In fact, a survey conducted for Beverly Hills Real Estate and Loans by GFK Custom Research North America found that 17 percent of parents...
What if every dollar you spend on this summer’s vacation helped pay for your next big getaway? If you play your ‘cards’ right, there can be a net positive result with every time you sign on that dotted line. The first thing to understand, however, is that rewards cards aren’t free – they usually have higher interest rates and significant annual fees compared to standard or non-rewards cards....
If you’re getting ready to enter the housing market, there are many things to learn. However, there is always new information to absorb, even if you’re a veteran homeowner. After the reality many experienced in recent years, it’s good to have a primer on what happens if difficult times occur for you, a friend or loved one. In the spirit of broadening knowledge, here’s what every homeowner should...
Before approving a mortgage, lenders require documentation in order to verify your identity and creditworthiness. Lenders want to see proof of income and assets, for example, to ensure you qualify for a loan. Depending on the type of home loan, the process can take time. Being prepared can speed up several steps. It’s wise to gather all the necessary documentation prior to applying for your...
Compare listings
Compare