When it comes to purchasing a property most can only do so by taking out a mortgage. A mortgage is money that a bank or lending institution loans you to purchase a house. Which you pay back over a period of several years. This is usually a 25 to 30 year arrangement and can be at a fixed or variable interest rate. The sizeable amount of money that needs to be borrowed, means that it is a little more complicated …
Category: Mortgages
Buying a home is likely to be the biggest financial move that you will make. As such, it is important that you get everything right. You do not want to overpay for a house, but you also do not want to underbid and end up losing out to another home buyer. In order to avoid missing out on your dream home, it is important to understand why a seller might reject your offer. Your Opening Bid is to Low Perhaps …