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Understanding Mortgage Loan Assumability: Implications for Buyers and Sellers

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Introduction In the real estate world, buying & selling a home can be complex and daunting. One important aspect that both buyers and sellers need to consider is the concept of mortgage loan assumability. This article aims to comprehensively understand mortgage loan assumability and its implications for buyers and sellers ...

Lowering Your Property Tax Burden: Navigating Property Tax Assessment Appeals

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Introduction Property taxes are a significant financial obligation for homeowners, and any opportunity to lower the tax burden is highly sought after. One avenue to explore is the property tax assessment appeal process. By learning the ins and outs of property tax assessment appeals, homeowners can reduce their property tax ...

How To Improve Credit Score? Everything You Need To Know

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Wondering how to improve credit score? Well, whether you are recovering from a financial error or starting from scratch, you may be wondering how long it takes to build excellent credit. Although you can’t get a decent credit score overnight, you can create one from scratch in three to six ...

For Which Buyer Would a Lender Most Likely Approve $200,000 Mortgage?

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Home prices in the US are at an all-time high, with the median prices touching $395000. Well, that's a tremendous, huge amount. If you set out to purchase a property in the US at this time, you'll most likely need a mortgage loan ranging from $200,000 to $350000 (after considering ...

Can You Get a Mortgage with a Car Loan? Mystery Revealed!

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Buying the first car and owning a home is a dream for many. Fortunately, the notable advantages of mortgage and loans help people achieve this dream. However, there's a catch. Qualifying for a loan is not easy, and, in this situation, you're applying for two loans. So, did you ever ...

Understanding the Basics of Credit Scores

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Understanding Credit Scores Credit scores are numbers used by mortgagers to determine whether borrowers can repay on time when offered a loan or credit card. Your credit scores are based on your credit history. Furthermore, your FICO score ranges from 300 to 850. A decent credit rating is essential for ...

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