Categorized: Buy a Home

Between thousands of acres and endless recreational activities, it’s no wonder the Ozarks is becoming such a popular spot in the Midwest. Instead of flying across the country for a water oasis, you now can be just a few hours away. Here are some things to consider so you can get your dream Ozark vacation…

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You’ve worked hard to get your credit score in good shape, build your savings, and get pre-approved. Now, you’re ready to look for a home and finally bring those dreams to life, but you’re unsure when the purchase will happen. Each season brings different factors to consider, like supply and demand, price, and weather. No…

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If you are wanting to buy a home, and already own one, there are different rules, requirements, and restrictions that are in place for each kind of loan program. Read on to find out the ins and outs of owning multiple homes for conventional, FHA, USDA, and VA home loans. Conventional Home Loans If you…

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Saving for a downpayment is often the most daunting part of the homebuying process. Having enough cash to put 20% down may seem out of reach, but don’t let that high number discourage you from becoming a homeowner.Despite what many people say, you don’t have to put 20% down to get the keys to a…

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There’s more to comparing the costs of renting and owning a home than the dollar cost of payments. Even with numbers like these, some still say renting is better: “Investing in a home is riskier than renting.” No risk, no reward. Besides, even studies conducted by the Federal Reserve show that owning can provide a net worth…

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Many factors go into the calculating value of a home. Most importantly, recently sold comparable properties must be considered. “Comps” should be similar in location, size, style, room count, condition, utility, etc. The appraisal is part art and part science, and the latter is hard to change. Sometimes, the hardest thing for owners is to…

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Understanding the HOW and WHY of Escrow Accounts Escrow accounts provide for the timely payment of taxes and insurance on your home. This prevents tax liens, loss of property, and any lapse of insurance coverage. As part of your regular mortgage payment, 1/12th of the annual cost is collected. These funds are held and paid out as bills…

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