In our previous post, we briefly covered the most common question potential first-time homebuyers have: “How much do I need to buy a house?” in which we covered the three important parts of the first payment made to the lender: earnest money, downpayment, and closing costs. But as we explained, there are just many other factors that you need to consider when thinking about buying the house of your dreams. The 4 C’s […]
Most of us, when we set the goal of buying a house, often come up with this question. Unfortunately, there is not a fixed amount that you need to have in order to buy a house, since there are several factors that affect the final amount such as the cost of the house, the type of mortgage product you choose, the type of insurance you need, etc. However, there are three main factors […]
If you are here, chances are your lender required you to take the first-time homebuyer course or your friend suggested that you take the course in order to prepare for the big responsibility of homeownership. It doesn’t matter how you arrived here, what matters is that you want to learn more about what this course is all about. Purchasing a home for the first time is one of the biggest commitments an individual […]
Submitting an Application For The COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 The COVID-19 pandemic has produced many challenging economic issues for all New Yorkers, especially renters, homeowners, and small landlords. On December 28, 2020, Governor Cuomo signed legislation that protects New Yorkers, allowing them to remain in their homes safely by preventing residential evictions, foreclosure proceedings, credit discrimination, and negative credit reporting as a consequence of COVID-19 pandemic. Read: COVID-19 […]
The COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 which prevents residential evictions, foreclosure proceedings, credit discrimination, and negative credit reporting as a consequence of COVID-19 pandemic, was signed by Governor Cuomo on December 28, 2020.