Homes are selling quickly in Greater Philadelphia, and it’s not uncommon to see homes go under contract within a day! While we often see homes sell in less than a week during the springtime, we’re currently seeing even more competition among buyers than usual. Most real estate agents attribute rising home prices and quick sales…
If you’re obtaining a mortgage for your new home, you’ll likely be making a down payment. While some loan types don’t require a down payment (namely, VA or USDA loans), the vast majority of borrowers are required to pay at least 3.5% towards their new home at settlement time. If you’re able to pay 20%…