Buying property is expensive under the best conditions. Even if you don’t outlay a huge wad of cash initially, you’re signing up for a substantial financial commitment. For those intending to occupy the property, at least for a while, there are additional expenses - moving, storage possibly, and often tax consequences.

So, here are some suggestions about how to conserve your cash, while getting the best rate possible on that (more…)

The eighty-twenty rule, for decades, was the only method to purchase a home. That meant that you would make a twenty percent down payment, and borrow the other eighty percent with a mortgage loan. Certainly, there have been plenty of purchasers who made an even greater percentage down payment, but twenty percent was regarded as the bare minimum. Luckily for you and me, times are different now. Nowadays you can go as low as zero percent down, and in some instances it’s possible to get money back at closing.

At present, there are at the least a dozen or more ways to finance a home purchase, (more…)