by First Home Mortgage | Jul 31, 2020 | Home Purchases
Title insurance protects property buyers and their lenders against problems that may pop up with the title after the home sale is complete. While the title search will discover obvious issues, there is always a risk of hidden problems that can pop up after the...
by First Home Mortgage | Jul 12, 2020 | Home Purchases, Uncategorized
No matter where you are in life, one thing remains the same – you need a place to call home. You are going to have to decide whether it’s more financially advantageous to buy a property or to rent one. Both renting and buying have their benefits and potential...
by First Home Mortgage | Jul 5, 2020 | New Home Financing
Conventional wisdom says that you need to save 20 percent of your home’s value for the down payment when you are buying a home, but this conventional wisdom is no longer an absolute. While a 20 percent down payment would be nice, it is not a necessity, and, for...
by First Home Mortgage | Jun 16, 2020 | Mortgage
One of the benefits of owning your own home is the chance to build equity. The longer you own a property, the more value it accrues. This happens for two reasons. First, you pay a little bit towards the principal balance every time you pay your mortgage. Second,...
by First Home Mortgage | Jun 14, 2020 | Home Purchases
There are many times when downsizing a home makes sense. Empty nesters will often choose to downsize after their children are grown, and they no longer need a spacious family home. Sometimes families who face financial challenges will downsize to save money on their...
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