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| Tips for big savings | |
| 1. If you are deciding whether to lock in an interest rate or float ... | |
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Savings solution: Understanding how rate
locks work will save money and heartache. Avoiding common rate-lock mistakes |
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| 2. If you are wondering if the house is in good condition ... | |
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Savings solution: A home inspection by a
quality inspector can eliminate costly surprises after closing. Hiring a home inspector When a basic inspection isn't enough |
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| 3. If you don't have enough cash for a down payment ... | |
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Savings solution: You may qualify for
special down-payment programs, espcecially if you're a first-time home
buyer. Programs that cure the down-payment blues |
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| 4. If you can only come up with 10 percent for a down payment ... | |
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Savings solution: You'll have to buy
private mortgage insurance to get into a home with less than 20 percent
down, but it may be worth it. PMI: What it is, how it works and how to work around it |
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| 5. If you want to know how much closing costs will be ... | |
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Savings solution: Knowledge is power.
Find out how to avoid last-minute closing-cost changes. Prevent closing day disasters |
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