Have you heard about no-cost mortgages? Here are the pros and cons about shopping for one in this housing market: While buyers avoid overcharges, they also pay a higher interest rate “Is shopping for a no-cost mortgage a good strategy in today’s market?” No-cost mortgages are relatively easy to shop because of their simplicity, and …
When Catherine submitted her offer on a lovely townhome in June, she was told to expect a slight delay in closing because appraisers and home inspectors were so busy with the early summer rush of sales. But she never expected her closing date to be delayed at the last minute because of issues caused by …
It can take weeks for an offer to be ratified. Buyers and sellers often counter back and forth for weeks before reaching mutual agreement on both price and terms. In this case, it’s a good idea to re-evaluate the closing date in the contract before inking the final agreement. Some buyers make offers that propose …
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