For First-Time Home Buyers

Closing Costs and Who Pays Them

Posted by Shawn Simpson // September 6, 2017

Closing Costs and Who Pays Them

Want to make a sizzling spectacle of yourself at your next party. See if your buddies can describe closing costs and who pays them. They may sweat a puddle trying to answer while drinking their glass of red wine.  Your buddies should chant, “Closing costs are expenses over and above the price of the property […]


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Buying Down the Rate

Posted by Shawn Simpson // August 16, 2017

Buying Down the Rate

According to The Truth About Mortgage, “Many borrowers and prospective homeowners out there are looking for the lowest possible interest rate, even if it means pulling money out of their own pocket at the time of financing.” They are looking at buying down the rate. ‘Though most borrowers usually opt for a higher mortgage rate to avoid […]


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For First-Time Home Buyers

Posted by Shawn Simpson // August 9, 2017

For First-Time Home Buyers

WalletHub has released rankings for best US cities for first-time home buyers. Jill Gonzalez, a WalletHub analyst, says they rated 300 small, medium and large cities on 23 indicators, including overall market attractiveness, affordability, and quality of life.  She says their sources ranged from U.S. Census Bureau data toZillow.com  “Omaha ranks 6th best place for new home buyers […]


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