Learn all about closing costs and how they can impact your home buying journey. From property taxes to application fees, appraisal costs to real estate agent fees, we break down the various expenses involved in closing a real estate deal. Discover strategies to reduce your out-of-pocket expenses and navigate the closing process with confidence. Don't let closing costs catch you off guard – arm yourself with knowledge and make informed decisions. ...

Loan contingencies (also known as mortgage contingencies or financing contingencies) are clauses included in home sale agreements that protect the buyer from losing their earnest money if their home loan is not approved in time. This article explores the importance of loan contingencies, how they safeguard buyers, the difference between active and passive contingency removal, and the potential risks of waiving a loan contingency. Gain insights into loan contingencies and make informed decisions during your homebuying process. ...

Seeking financial stability while maintaining independence can be a daunting task. However, co-owning a house with a trusted friend, family member, roommate, or business partner offers a promising solution. This arrangement not only enhances your purchasing power but also provides opportunities to build home equity and take advantage of potential tax benefits. With approximately 25% of homes sold last year being purchased by co-buyers, it's clear that this trend is on the rise. But before diving into co-ownership, it's essential to understand its dynamics and consider the advantages and disadvantages it entails. In this article, we explore the ins and outs of co-ownership, offering valuable insights to help you make an informed decision about embarking on this joint home-buying journey. ...

Discover the ins and outs of assumable mortgage loans, a lesser-known yet potentially beneficial homebuying option. This comprehensive guide dives into the advantages, drawbacks, and qualification requirements of assumable loans, helping you make informed decisions on your path to homeownership. Explore whether an assumable mortgage could be the right fit for your unique needs and circumstances. ...

Explore these delightful and kid-friendly Thanksgiving crafts that will bring joy and creativity to your home during the holiday season. From a heartfelt 'I Love You' Fall Garland to an adorable Toilet Paper Tube Turkey and charming Turkey-Themed Dinner Glasses, these crafts are quick, budget-friendly, and perfect for creating lasting memories. Get ready to unleash your creativity and make this Thanksgiving truly special for the whole family. ...

Are you ready to turn your homeownership dreams into reality? Mastering smart money habits is the key to saving for your dream home. Discover effective strategies to create an emergency fund, manage your budget, and understand your credit score. With CrossCountry Mortgage by your side, you'll develop lifelong financial habits that pave the way to homeownership. ...