No matter what anyone tells you (including me) about whether it?s a good time or not to buy a home (it?s a terrible time in 9.5/10 cities) there are circumstances and situations when your hand may be forced and you must buy and buy now. Situations such as relocating for a job with a large family, a divorce, a new addition to the family, and other life-changing events do occur regardless of whether the real estate market is good or not. If the above or other impetuses have driven you to brave the housing market to purchase a home there are some important financing considerations that you and your Realtor need to be aware of before you fall in love with your ?dream home.?
100% Financing is Dead
The first thing to realize is that the cheap, easy money is gone. The days of buying a home wi
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