Sentences with phrase «financing the purchase of the home means»

Financing the purchase of the home means carrying a mortgage for between 15 and 30 years.

Not exact matches

As a client of Bosdet Homes, if there is ever anything that you may need to help with your sale or purchase, Pam is a great source of information which may mean finding a lawyer, Insurance Broker, Financing, even design or decluttering / organizing your home questions.

For example, lenders of conventional mortgages will make home loans up to a 97 % LTV — meaning that they'll finance 97 % of the value of the home being purchased.

We are also introduced to the concept of assumability, which means that the buyer of a home with VA financing can purchase the home and the attached mortgage.

Secured debt means money borrowed to finance the purchase of an asset that has a long life span, such as a home or a car.

A full 90 % of people buying a home as a primary residence choose to finance their purchase, meaning that they get a mortgage.

Using a traditional loan or cash to finance a home purchase means that the buyer will be relaying on an appraisal as a method of determining the value of the property.

If you've purchased your own home in the past, you're probably quite familiar with the traditional means of financing a home.

Undoubtedly, the greatest feature of this program is its option for «no money down» financing, meaning homebuyers can finance 100 percent of their home purchase at an interest rate typically lower than average market rates.

Any time a seller will finance part of the purchase of a home, it's usually a good thing, especially if it means you, the buyer, don't have to apply for a new bank loan.