Buying a Home-Tips about the Home Buying Process

Main Sitemap
Welcome > Main Sitemap ...

• Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Tina and Associates, a proven Newbury Park and Simi Valley, California NUMBER1EXPERT™ Top Selling real estate agent.

• Find Newbury Park and Simi Valley Homes - Find Newbury Park and Simi Valley, California real estate listings & homes for sale provided by Tina and Associates, your local expert real estate agent.

• For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from Tina and Associates, a proven Newbury Park and Simi Valley, California NUMBER1EXPERT™ Top Selling real estate agent.

• For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from Tina and Associates, a proven Newbury Park and Simi Valley, California NUMBER1EXPERT™ Top Selling real estate agent.

• Newbury Park and Simi Valley Information - Find local information on Newbury Park and Simi Valley, California including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by Tina and Associates, a proven NUMBER1EXPERT™ Top Selling real estate agent.

• Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from Tina and Associates, a proven Newbury Park and Simi Valley, California NUMBER1EXPERT™ Top Selling real estate agent.

• About Tina and Associates - Information about Tina and Associates including testimonials, guarantees, credentials, and contact information. Learn why Tina and Associates is a proven Newbury Park and Simi Valley, California NUMBER1EXPERT™ Top Selling real estate agent.

Please Sign Up For The Latest Listings and the Latest Real Estate News

*Your Name:
*Your Email Address:
Send Latest Listings:
Send Latest News:
Your Message or Comments:

* Please note that fields marked with an asterisk are required.

Quick Response Guarantee > We Guarantee Your Privacy > Free & Without Obligation >

First Time Buyers >The Down Payment Perhaps no single decision in a real estate purchase has more variables than "How much money do I put down?" Conventional wisdom centers around either putting down as much as you can or as little as the lender allows. If you put down a large payment, you get some leverage with the lender, such as little or no mortgage insurance, a good equity position, and perhaps a preferred mortgage deal. You will also have lower mortgage payments. One potential disadvantage of a large down payment is that you will be using after-tax dollars on which you could be earning interest. You will also have less tax-deductible interest. When you buy a home with a low down payment, you will have more tax deductible interest, and your investment value percentage will increase faster. You will have little equity at the outset, and your monthly mortgage payments (and perhaps your interest) will be higher. However, you will also keep more of your own money in hand to potentially earn more interest in other investments. See All Tips In The "First Time Buyers" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q  What holds the title as the tallest reinforced concrete building in the U.S.? A  311 South Wacker Drive in Chicago was completed in 1990 and is 65 stories high. See More Real Estate Trivia >