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Mortgage Myths: Here’s Why You Don’t Need a Full 20 Percent Down Payment

If you're just getting into the real estate market, you may have heard that 20% down is the ideal percentage in order to lower your monthly payments and get your mortgage application approved. However, while 20% is often suggested, many people struggle to come up with this amount of money. If you're staving off home ownership, here are some reasons you may not need to hold off as you long as you thought. Minimizing Your Insurance Costs Putting down 20% of the total purchase price of your home is often suggested, but it doesn't definitively mean that your application won't…
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Real Estate Investing: 3 Insider Tips to Winning House, Land or Foreclosure Auctions

House, land and foreclosure auctions can be one of the most nerve-wracking ways to buy a property. However, if you prepare yourself with proven bidding tactics, auctions can be a great way to purchase your dream home at a competitive price. If you're in-it-to-win-it, familiarize yourself with these top three tips and tricks before attending a real estate auction. Give The Right Impression While you may not have control over what other bidders are willing to pay for a property, you do have some control over their perception of whether or not bidding against you is worthwhile. Come well-dressed and…
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Financing That Dream Home with a Mortgage? Here’s What to Expect on Closing Day

There are so many details that lead up to the purchase of your dream home that it can be hard to realize it when the closing day is finally upon you. However, when closing day finally arrives, there will still be a few last minute details that need to be taken care of. If you're getting ready to solidify your home purchase and are wondering about the remaining paperwork and any unknown details, here are some things you can expect when it comes to making your purchase complete. One Last Walk Through A home inspection is an important part of…
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