Financing is one of the fundamental aspects when buying a home. Generally, banks offer mortgage loans that cover up to 80% of the property value, which requires savings to cover the remaining 20%. When you do not have that cushion, it is possible to obtain a 100% mortgage, but the requirements are much higher.
...continue reading "100% Mortgages: What They Are and What to Take Into Account If You Want to Buy Without Savings"Tag: property market
Renting or Buying a House: Advantages, Disadvantages and What to Consider When Choosing
With prices on the rise and an economic situation that generates uncertainty, deciding whether it is better to rent or buy a house does not seem easy. In either case, there is no single answer. Both alternatives have advantages and disadvantages, without forgetting the individual circumstances of each one.
...continue reading "Renting or Buying a House: Advantages, Disadvantages and What to Consider When Choosing"5 Essential Tips to Get Organised If You Are Looking For a Home to Buy
Looking for a house to buy is a task that requires time and effort so as not to lose opportunities or money. The idea is to establish a small plan of action, so it will be easier to avoid rushing or making bad decisions. In that sense, some practical recommendations can help.
...continue reading "5 Essential Tips to Get Organised If You Are Looking For a Home to Buy"Don’t Forget to Check These Ten Aspects When Looking for a Property to Buy
Home hunting requires time and observation skills. It is not just about checking that reality conforms to the photos but about looking at essential details that reflect the state of the property. Going through the home calmly will avoid unpleasant surprises later.
...continue reading "Don’t Forget to Check These Ten Aspects When Looking for a Property to Buy"Signals that Mean You Are Going to Pay Too Much for a House and Some Tips to Avoid It
The excitement of buying a home can lead to making some mistakes. Keeping emotions aside and not being swayed by first impressions is key to avoiding paying too much.
...continue reading "Signals that Mean You Are Going to Pay Too Much for a House and Some Tips to Avoid It"