Category Archives: Financing a Home

The 6 worst mortgage mistakes you can make

This is an article written for MoneyTalks News by Maryalene Laponsie. It has some excellent advice about the process of getting a home mortgage. It has been slightly edited. To see the original article, go here. Is your house your … Continue reading

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What do I do now? part 1 – Getting Started

You’ve made the decision. Apartment living just isn’t going to work anymore. Too many rate increases, too much noise, and one too many dings in your car doors have convinced you it’s time to think about putting a few feet … Continue reading

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My house is worth how much??

Believe it or not, when it comes to determining the value of a property it’s as much art as it is science. Here’s the scenario: you have your house for sale. Someone likes it and has made an offer you … Continue reading

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What is a MIP? Will it hurt me?

I have good news and bad news. The good news is, you’re getting the house loan. The bad news is, there’s a MIP included in the payment. MIP is an abbreviation for Mortgage Insurance Premium. When you pay it each … Continue reading

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Congratulations! Oklahoma is #4 in the nation!

Those of you who live here probably already knew this. Compared to the rest of the country Oklahoma is an inexpensive place to live. Now, USA Today has told everyone else about us. Just about everything you need or want … Continue reading

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Mortgage Misconceptions

It is generally agreed that when you’re shopping for a new home, the easy part is the shopping. The hard part is the financing. The reams of paperwork and credit questions can leave a person with a bad headache. It … Continue reading

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The Cost of Buying a Home

The cost of buying a home is actually more than just the cost of buying a home. Wait. Isn’t that like saying zero is greater than zero? Well, not really. Here’s the point. When you buy a home you choose … Continue reading

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Buying a home with no money down

Before the housing bubble popped in 2008 there were a number of different ways to finance a home purchase. There was the conventional 20% down payment. There were adjustable rate mortgages that started with low monthly payments and a temporarily … Continue reading

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The Twenty Per Cent Down Payment

Conventional wisdom says that it is always the best idea to put 20% down when purchasing a house. It builds instant equity into your property and helps to protect you against sudden drops in Real Estate values like the one … Continue reading

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4 Tips to Determine How Much Mortgage You Can Afford

Buying a house without first knowing what kind of financial shape you’re in is a bit like going to the grocery store on an empty stomach. You’ll see all types of properties that you would love to live in but … Continue reading

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