Lucas Taylor's (lucastaylor) Blog

Finding A Home Your Search You'll want to have an idea of the features you "want" versus "need" in a home to help your CENTURY 21 Beggins Enterprises Agent guide you in a successful home search. Then the fun begins! Your CENTURY 21 Beggins Enterprises Agent will provide you with information on ho...

Closing and Other Additional Costs After you find a home and receive mortgage approval, the closing is when ownership of your new home officially transfers from the seller to you. In some cases, sellers pay the closing costs. If not, you need to be prepared to pay this additional cost. This can a...

(2) Your Down Payment A down payment is the money you pay up front toward the purchase of your new home. Typically, the larger your down payment, the less you pay each month on the mortgage, and the lower the interest costs will be over the life of the mortgage. How large should your down payment...

(1) Mortgage Pre-approval A pre-approval is a simple calculation done by a mortgage lender that tells you (a) the amount you'll be able to finance through a loan and (b) what your monthly payment will be. When you find a home to buy, a pre-approval also reassures the seller that you have the fina...

Have a Financial Plan Before You Find a Home You can reduce the stress of home buying by thinking ahead. Before you find a home you want to purchase, develop a financial plan. This plan becomes your guide not only for saving money for the down payment, but also for covering other expenses such as...

Preparing to Find and Buy a Home Knowledge Is Power... Accurate Information Is Essential Before you start looking for a home, become an educated consumer. Knowledge is power and misinformation gets in your way. First, learn about the process and requirements for buying a home. Common misconceptio...