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Gallup polls continue to report real estate as the preferred investment choice for Americans, topping stocks and besting gold for another year in a row. Surprised that real estate beats out gold with American investors? Read on to discover four reasons why real estate investing is the safest choice.

With many advisors predicting the end of the bull market, investors with all of their eggs in the stock market basket could be headed towards losing the gains they’ve experienced over the last eight years or so. Real estate, however, is much less of a gamble and far more accessible for potential investors.

Low-risk

Unlike the stock market, which is unpredictable at best, real estate investors can make market predictions based on hard data to

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9 Steps to Buying a House

For most people, buying a house takes years of planning and preparation. The whole process can be overwhelming, especially for first-time homebuyers. Step-by-step, we’ll guide you through the important decisions that go into homeownership. When it’s over, you could have the keys to your dream house and the biggest investment you make in your lifetime.

1. Check your financial and credit history

Your financial history and credit score affect your overall loan options, and a higher credit score will usually get you a lower interest rate. To avoid any surprises down the road, know what your credit score is before you start the mortgage preapproval process. Most mortgage lenders like to see credit scores in the mid 700s

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Your home purchase is a big deal, but your down payment shouldn’t be. If you haven’t saved a significant down payment for a home, but you’re otherwise qualified to receive financing, we have you covered. Waterstone Mortgage offers a variety of no- and low-down-payment mortgage programs to help you achieve your goal of homeownership.

No Down Payment

USDA/Rural Housing Loans

  • FICO as low as 600
  • Home must be located in designated area

VA Loans

  • FICO as low as 600
  • No mortgage insurance requirements
  • Available for active-duty military, veterans, reservists and members of the National Guard, and some surviving spouses of veterans

Wealth Building Loan

  • FICO as low as 680
  • Financing through adjustable rate mortgage
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Everyone wants to know the right price to buy a new home There are homes that you can build according to your own needs or you might opt for a move-in ready home from a community developer. Sometimes new construction buyers can take more time than usual because of the many options and upgrades offered by the builder.

The 5 Amazing Ways to Help You Save Money On Your New Home

Here are five tips in which you can save money on new construction:

1. Call A Real Estate Agent

An experienced real estate agent can save you big bucks. Many individuals who buy property for the first time usually don’t use an agent and end up losing a lot of money. You don’t have to worry about the commission when its the builder who has to pay.

It is always

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Buying a home is often one of the most expensive endeavors one will take throughout their life, so it’s not surprising that saving for a down payment remains a major hurdle for many Floridians on their path to homeownership. But although a 20 percent down payment is considered ideal, it’s not actually as common as you might think, nor is it a necessity to buying a home.

The majority (52 percent) of buyers put down less than 20 percent on their new home.

Typically, you have to put between 3 and 20 percent of your home’s sale price down in cash to qualify for a conventional loan (30-year fixed mortgage), but there are exceptions. If you meet eligibility guidelines, you might qualify for a home loan with a  zero-down payment through Veterans Affairs

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tips to pay off debt

The keys to paying off debt while renting are motivation, a plan, and spending in moderation.

 

How one woman’s ambitious money-saving tactics made her debt-free.

Search for tips to pay off debt and you’ll likely find lofty advice like “reduce your living expenses so more of your money can go toward paying down your debt.” If you can find a way to eradicate the need to pay rent, you can free up a big chunk of change to put toward paying off your debt instead. But living rent-free just isn’t a reality for most people. Add on to rent all the other bills you need to pay in a month and there may not be much left to devote toward your goal of debt freedom. 

Iryna Hlushakova knows how much work it takes to manage

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Low Down Payment Home Loans For First-Time And Repeat Buyers

The biggest barrier to homeownership today is the mortgage down payment. But it doesn't have to be.

Homes for Sale in Davenport FL

According to the National Association of Realtors, 87% of first-time buyers think they need 10% or more down to buy a home.

That’s simply false.

In fact, the average down payment for first time buyers today is just 6%. And, a number of programs require no down payment at all.

If you’re “stuck” trying to raise enough down payment money, you must read this entire article.

What Is A Down Payment?

A down payment is a portion of the purchase price that a buyer pays from his or her own funds. A 10% down home purchase is structured as follows.

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Wondering what's considered a good credit score - and how to improve yours? Read on.

Ever wonder what is a good credit score, and why this little three-digit number is so crucial to your financial well-being? Can it really affect your everyday life? And what kind of control do you have over it? In this guide to credit score ranges, we’ll tackle all of these questions. We’ll take a look at what your credit score means, what’s considered a good score (and what’s a bad one), how your credit score can help or hurt you, how to improve your credit score, and much more.   Homes for Sale in Davenport FL  

Credit Score Ranges at a Glance

The two most commonly used credit scores are those issued by Fair Isaac Corp.

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50/20/30 rule By Lori Johnston - Trulia  

Wondering how to budget your money? This simple formula makes it easy.

Managing your money is imperative to help you find the best home within your budget. And no, back of the napkin math won’t cut it. Not only do you need to organize, but you also have to make difficult budgeting decisions about how to spend your cash. This can be overwhelming, but there’s one smart and simple strategy that makes budgeting a breeze. It’s called the 50/20/30 rule, and it can help you track how much you spend and where you can save more, by bucketing your finances into three categories: living essentials, savings, and personal spending. Here’s how it works.

Homes for Sale in Davenport FL

What it

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