Category Archives: Buying a Home

Mortgages with Low or No Down Payments

Posted on August 27, 2009 by Ted Canto • 1 Comment

Overview No and low down payment loans require little or no cash from the buyer at the loans closing. While Private Mortgage Insurance is generally required on any loan with less that 20% equity in the home, some mortgage programs like “Lender Paid MI” allow you to lower costly mortgage insurance. Low down payment programs… Continue Reading

Filed Under: Buying a Home, Mortgage Loans for Home Buyers

Busting Myths About Interest-Only Mortgages

Posted on August 27, 2009 by Ted Canto • 0 Comments

Interest-Only Mortgages: The Facts Overview You’ve heard about interest-only mortgages for years. But do you really understand what they are and who should consider them? Is an interest-only loan right for you? Separate myths from facts and learn how the security of a fixed rate of an interest-only home loan might benefit you. An interest-only… Continue Reading

Filed Under: Buying a Home, Mortgage Loans for Home Buyers

FHA Loans Help You Buy a House… Your Home

Posted on August 27, 2009 by Ted Canto • 3 Comments

FHA Loans for Home Buying Overview FHA loans are great for first-time home buyers. Only a 3.5% down payment required. FHA is a perfect choice for those with lower credit or incomes. The FHA Loan Program is the quick way to go FHA. We at The Canto Team makes the FHA loan process painless. It’s… Continue Reading

Filed Under: Buying a Home, Mortgage Loans for Home Buyers

First Time Home Buying Mistakes

Posted on August 27, 2009 by Ted Canto • 0 Comments

Overview Keep close tabs on your credit by checking it at least once a year. One thing you should do when buying a home for the first time is to find a lender who you’re comfortable dealing with. Getting a mortgage before you shop for a home will save you lots of time and will… Continue Reading

Filed Under: Buying a Home, Expert Home Buying and Selling

Closing Costs and Fees Explained

Posted on August 27, 2009 by Ted Canto • 0 Comments

Overview Buying a home? Mortgage closing costs are what you pay to close your loan application. Where do they go? Some costs and fees go to third parties, some are state and local government fees that must be covered and some go to your lender. Mortgage closing costs are fees charged for services that must… Continue Reading

Filed Under: Buying a Home, Expert Home Buying and Selling

Investing in Real Estate to Boost Your ROI

Posted on July 13, 2009 by Ted Canto • 0 Comments

Investing in Real Estate the Right Way Overview Real estate is a tangible, cash generating asset that appreciates with time. In other words, it can become a profitable investment and make you some nice cash. Purchasing real estate is usually a good way to invest your money and increase your long-term financial security depending on… Continue Reading

Filed Under: Buying a Home, Expert Home Buying and Selling

Making an Offer on Your Next Home

Posted on September 17, 2008 by Ted Canto • 0 Comments

Making the Perfect Offer to Buy the Perfect Home Overview Once you’ve found a home that meets your needs, it’s time to make an offer. In deciding the amount of your offer you and your agent have to weigh several factors – asking price vs. comparable home sales, market conditions, other potential offers, how badly… Continue Reading

Filed Under: Buying a Home, Expert Home Buying and Selling

Getting an Appraisal When Buying a Home

Posted on September 17, 2008 by Ted Canto • 0 Comments

Important Information You Should Know Regarding Appraisals Overview You’ve found the home of your dreams, the paper work has been processed and a closing date set. The next step is to order an appraisal to gauge the true value of the home. There are several questions surrounding the appraisal process and what to expect. The… Continue Reading

Filed Under: Buying a Home, Expert Home Buying and Selling

Mortgage Closing Costs and Fees

Posted on September 17, 2008 by Ted Canto • 0 Comments

Overview You’ve probably heard of closing costs. Any time you get a mortgage there are closing costs and fees associated with that mortgage. Here we’ll help you understand each one so that you can come prepared to the closing table. Points are a good way to reduce your interest rate and the amount you pay… Continue Reading

Filed Under: Buying a Home, First Time Home Buyers

Home Loans for First Time Home Buyers

Posted on September 17, 2008 by Ted Canto • 1 Comment

Overview There are three basic types of mortgages: fixed rate, adjustable rate and interest-only. Each loan has advantages and disadvantages to it – make sure you choose the right one for your particular situation. Be sure to talk to an experienced home loan expert to fully understand all your options. Now that you’ve found a… Continue Reading

Filed Under: Buying a Home, First Time Home Buyers