6 Ways To Get Your Dream Home When There Are Multiple Offers

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6 Ways To Get Your Dream Home When There Are Multiple Offers

Have you found yourself facing fierce competition while attempting to buy a home? If you have already lost a home or two to competitive offers and bidding wars, gearing up for another offer may seem hopeless. Thankfully, there are many ways you can increase your chances of getting your dream home, despite the competition. Sellers want the best offer, not necessarily the highest one, which gives you more chances to outshine the others while demonstrating the seriousness of your bid. Here are six ways to help you win your dream home:

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The Biggest Mistakes You Can Make As A Home Buyer

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The Biggest Mistakes You Can Make As A Home Buyer

With today’s rising interest rates and high home prices, buying a home takes some planning and forethought. Mistakes can be costly, like getting a mortgage higher than you can afford or getting stuck in a neighborhood or house you actually don’t like. Here are seven of the most common homebuyer mistakes and how to steer clear so you make a satisfying purchase.

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The Little-known Mortgage That Doesn’t Require a Down Payment

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The Little-known Mortgage That Doesn’t Require a Down Payment

A conventional mortgage loan requires a 20% down payment. If you are a first-time homebuyer however, saving up tens of thousands of dollars can seem like an impossible task. Of course, there are loan programs, like FHA mortgages, that allow for low down payments, but they often have stricter requirements. For some of those programs, you may have to pay higher interest rates, have better credit scores, or pay higher mortgage insurance fees.  Fortunately, there is a little-known mortgage loan that requires no down payment and minimal fees: the USDA loan.

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Your Loan Closing Checklist

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Your Loan Closing Checklist

You’re in the home stretch: you’ve found a great home, made an offer and been accepted. You’ve gone through the home inspection appointments and resolved any issues and now you’re waiting for the mortgage underwriting process to wrap up before you finally close on your loan and become a homeowner. While you sit tight, you can prepare yourself for the actual closing by going through this checklist of documents and other requirements to make sure you are completely ready for the big day.

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The Ultimate Mortgage Pre-Approval Document Checklist

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The Ultimate Mortgage Pre-Approval Document Checklist


If you’re ready to buy a home, before you even start going to see properties, it is a good idea to obtain a preapproval letter from your mortgage lender. Especially in a competitive housing market, sellers will take you more seriously if they see you already have your funding lined up. The good news is that getting a preapproval letter is easy and fast as long as you have all the required documents and information on hand. Here are all the essential documents to prepare to have a smooth and quick pre-approval process:

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How to Buy a Home in Today’s High-Priced Market Without a Six-Figure Income

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How to Buy a Home in Today’s High-Priced Market Without a Six-Figure Income

The average rate on a 30-year fixed rate conventional loan was around 3.5% in January 2022 but has ballooned to around 7% in the last 11 months. Prices are not rising as fast as they have over the course of the pandemic, but they are still higher than last year. What’s more, U.S. incomes are not growing nearly as fast as home prices and inflation.

If you’re hoping to buy a home in this climate, don’t lose hope. There are several strategies you can employ to be able to afford a house without earning six-figures. 

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Home Equity Vs. Cash-Out Refinance Loans

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Home Equity Vs. Cash-Out Refinance Loans

If you need a chunk of change for a home improvement project, paying for your student’s college tuition, consolidating your own debt, or even paying for medical bills, you may be able to pull that money out of your house. This can be done either through a home equity loan or a cash-out refinance. Which is better? There are pros and cons to both.

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Creative Ways to Avoid Paying Closing Costs

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Creative Ways to Avoid Paying Closing Costs

You finally saved up enough for a down payment and you can almost taste being a homeowner, but then you hear about closing costs. Coming up with a few extra thousand dollars sounds impossible. Before you give up on the dream of buying a home, here are a few creative ways to pay for your closing costs without waiting and saving even more.

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