Tag: Loans

Posted on 03/23/2025

Home Improvement: Best Ways to Pay for Your Projects

While qualified borrowers often like to have choices, having too many funding options can get confusing. If you are considering borrowing money to upgrade your home, here are a few things to consider. How Do Home Improvement Loans Work? It’s essential to understand that the term “home improvement loan” is not precise. This type of borrowing typically involves...

Budget

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Posted on 01/02/2022

Home Remodeling Finance Options

When you plan to do a few smaller remodeling projects, you might fit them into your budget easily and over time. However, larger or more complex home remodeling projects might be harder to afford. If you aren’t able to pay for these kinds of upgrades upfront, you can look into financing options. These options allow you to have...

HELOC

Home Equity

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Posted on 05/30/2021

Types of "Subject-to" Real Estate

Image by Nattanan Kanchanaprat from Pixabay If you're looking for "subject-to" real estate, you know it can be a good investment. This kind of real estate is purchased "subject-to" the existing mortgage. So the buyer owns the property, but the mortgage stays in the seller's name. Payments are made by the buyer, but it's not necessary for that...

Home Buyer

Investment

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Posted on 05/02/2021

Funding for Large Home Renovation Projects

Photo by Analogicus via Pixabay After settling into your home, you start to notice a few things either need to be retouched or completely overhauled. The biggest issue that a lot of homeowners run into is the money for the project. Even after assessing whether the project is a DIY or you’ll need a professional, funding still comes...

401 K

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Posted on 04/18/2021

How to Negotiate a Land Contract Vs. a Mortgage

Image by Shutterbug75 from Pixabay With a mortgage, a buyer is applying for financing to purchase the property in its entirety. They're relying on their credit and assets for approval before assuming responsibility of the full property. In a land contract, you're cutting out the need for a formal lender and relying on the seller to approve or...

Finance

Financing

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Posted on 01/24/2021

How is a Land Contract Different than an Mortgage?

Image by mohamed Hassan from Pixabay A land contract and a mortgage have a number of similarities. For example, you can use either option to purchase a home Both loans must be repaid on a monthly basis. Understanding the Differences A land contract is a legal agreement between a buyer and a seller. Rather than a traditional mortgage...

Mortgage

Loans

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