There are always things that you wish you had done differently. As they say, ” hindsight is 20/20/ But, when it comes to making one of the biggest purchases in your life, as a home buyer, you are better off learning as much as you can from the experiences of others. Read on to see things other home owners wish they knew before purchasing their homes.
Many of the terms used by real estate professionals are confusing when you are buying a home for the first time. In my experience, two of the most confusing and misunderstood terms used are “deposit” and “down payment.” They both require cash from a buyer. So, you may ask, “What’s the difference?
The concept of VA entitlement is often a confusing one. Yes, our Veterans have sacrificed for our country and deserve homeownership. However, that is not what VA entitlement is speaking to specifically.
Seeking preapproval from a lender a year before you begin house hunting will give you an advantage. Starting early can be beneficial as you can clear any issues and lock in the best rate possible.