This is a practical tool for people in the market for a house. It is a comprehensive guide, covering all the basics on mortgages, how to find your dream home, and how to get a good deal when you do find it. This guide also covers how to budget for buying a home and how to get all finances in order to get the best mortgage, and thus the most house for the money. With its clear style, 'The Geek's Guide to Home Buying' makes readers instant experts, saving them time and money and making the entire home-buying process stress-free. Buying a home is a big decision, and a geek knows all the things to do to make a smart decision quickly.Maximum Purchase Price The maximum purchase price for a conforming conventional loan is currently $417, 000, but is updated on an annual basis. ... Higher credit scores are also required for lower down payments, as are higher cash reserves. ... Note that if you have PMI at the beginning of your loan, you can usually have it removed after you have made enough payments to pay your loan down to lessanbsp;...
Title | : | The Geek's Guide to Home Buying |
Author | : | Karen James |
Publisher | : | Crane Hill Pub - 2006 |
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