How Much Money Do You Need to Buy a Home?
Down payment, closing costs, and real-world ways to make homeownership possible
One of the biggest myths about buying a home is that you “need 20% down.” In reality, many buyers can purchase with far less—and sometimes with little to no out-of-pocket funds, depending on the loan program, down payment assistance options, and whether the seller contributes toward closing costs.
In this workshop replay, I break down the real costs of buying a home, when those costs show up during the transaction, and the most common (and acceptable) ways to source your funds—so you can plan with confidence. [Read more…]
Mortgage rates have been moving fast and unpredictably. One day they’re up, the next day they dip just enough to make refinancing worthwhile—but only if you’re ready to act. For many homeowners, the challenge isn’t wanting to refinance, it’s knowing exactly when to move.
Choosing a loan officer is one of the most important decisions you’ll make when buying or refinancing a home. In markets like Seattle, Bellevue, Kirkland, Redmond, Tacoma, and throughout Washington State, the right mortgage professional can help your loan close smoothly—and the wrong one can cause delays, stress, or even cost you the home.
What Lower Mortgage Rates Could Mean for the Greater Seattle Area
Housing affordability continues to be one of the biggest concerns for homebuyers across Seattle, King County, and the greater Puget Sound region. As prices remain high and inventory tight, both state and national leaders are focusing more attention on the role corporations and large investors play in the housing market.
Recent Comments