8 Aug 2022 Signs You’re Ready to Buy Your First Home Renting Verses Buying: Signs You’re Ready to Buy Your First Home There are many benefits of homeownership, but many don’t know when they’ll be ready to make the change from renting to buying and exactly what advantages come with purchasing a home. Making the change from renting to owning can feel overwhelming, but there are […] Share on Facebook Share on Twitter
21 Jul 2022 How to Buy a House in Maine How to Buy a House in Maine Whether you’re planning to move to Maine or already in state and looking for a new home, buying a house in Maine is an exciting new chapter to start! There are a lot of factors that go into buying a home such as your financial situation, market environments, […] Share on Facebook Share on Twitter
29 Jun 2022 PMI: What is it? Do I Need it? How to Determine Which Type of PMI is Best For You In today’s market, saving for a 20% down payment can mean putting your home buying dreams on hold. Fortunately, there’s an option for buyers to put down less than 20% by utilizing private mortgage insurance, also known as PMI. What is Private Mortgage Insurance? […] Share on Facebook Share on Twitter
31 May 2022 Escrow: What Is It and How Does It Work? What is escrow and how does it work? Escrow is a common term you’ll hear during the home buying process, but if this is your first home, it’s one you might not be familiar with. There are two types of escrow accounts that will come into play when buying a home: During the process, funds […] Share on Facebook Share on Twitter
10 May 2022 What Happens After Underwriting? Wondering where underwriting fits into the homebuying process?Our First-Time Homebuyer Guide for Maine & New Hampshire explains each step from pre-approval to closing, so you know what to expect before and after underwriting. What happens after underwriting? There are a lot of specifics to the mortgage process, which can seem overwhelming if it’s your first […] Share on Facebook Share on Twitter
