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As a common people, you only have two options when it comes to live in a place. In recent days, many individuals prefer home buying as the prices are going way down in the real estate market. But if you compare renting with home buying, you can see many hidden costs associated with home buying process rather than just mortgages. There are many more expenses that go into owning a home.

Building your own home all by yourself is a quite interesting subject. You may be an expert in construction field or may be an average guy who is building his new home for the first time. Whoever you are, you’ll have to determine the perfect layout, determine the numbers and design of rooms handpick all the materials and even add an outdoor playhouse and many other things which are required for your house. May be in this reason, 27% of the new homes are made of custom build design, as per the statistics provided by National Association of Home Builders (NAHB) Research Center.

Why do you require a real estate broker?

Are you thinking of selling your house? Or are you willing to buy a new one? In both situations you'll need to plan your financial decision in such a way that you can minimize your costs while maximizing the profits.

At the time of mortgage application, your credit score plays a crucial part. While determining your monthly interest rate, your credit score may increase or decrease the total amount of monthly payments. So, knowing the factors which affects your credit score is very important, specially when it comes to the debt obligations. These obligations will practically hampers your mortgage-worthiness.

After buying your house, what should you do first? Is it décor work or plumbing work? What is that thing which make worth your time and the money? You need to understand that you have just bought a house, now it is your turn to establish it as your home. We all knew that buying a house is a long-term investment. So, you must also act like a wise homeowner and make your house a long-term benefit for you and your family.

While taking a home loan, most of the fellow americans chooses FRM or fixed rate mortgage loans. It is the safety and stability of the loan which makes it so popular among the people. But many homeowners also want to reduce their loan term for a better savings as well as building home equity faster. For those people, a 15-year fixed mortgage will be suitable.

Why do you need a marketing strategy?

If you are a mortgage professional and an owner of a mortgage company, you'll definitely want to expand your business. You might also want to serve your services to the potential buyers and borrowers and want to help them to get their dream home. But for this purpose, you might need to promote your company into the modern web world.

At this time, it is common that a potential home-buyer would choose a 30-year fixed-rate mortgage. Freddie Mac, one of the biggest mortgage tycoons have explained it as the most popular home loan option. Since last two years before 2014, majority of the homebuyers (approx 85% in 2012 and 90% in 2013) have chosen 30 year mortgage plan as their home financing tool. So, basically it is the most traditional way of taking home loan.

What is a mortgaged rental property and why do people need it

During the recession period of 2007-2009, many homeowners in different parts of US had lost their home. At that time, 80% of the mortgage borrowers were suffering from foreclosure problem. It is seen that high end homeowners were also facing troubles to make their monthly payments on a regular basis. Even in 2015, a lot of people are making the same mistakes and losing home to foreclosure.