What Are My Home Buying Options? By Charles Kirkland

Whether you’re buying your first home or investing for retirement, you want to make sure your purchase is an investment that will bring in a steady income. When it comes to real estate, there are a lot of different options available. But which ones are best for you?


Your home is your most valuable asset, and you should protect it with the best possible home loan. Here are some options to consider:

  • Fixed-rate mortgages typically offer lower rates, but they also come with higher payments. These loans are typically not as flexible as other types of mortgages, so they may not be right for you if you’re looking for a more flexible rate or payment plan.
  • Adjustable-rate mortgages have interest rates that can be locked in for a certain period of time. They usually come with lower monthly payments and higher initial costs than fixed-rate loans, but they may increase over time.

Cash Purchase

Cash purchase is a great way to buy your dream home, according to Charles Kirkland. You’ll have the ability to customize your property exactly as you want, and you won’t have to worry about getting locked into a lease or paying an exorbitant price tag on the home of your dreams.

When you choose cash purchase, you’ll get to decide on the price that works best for you. Additionally, there are no fees or commissions involved in buying this way!

Debt Consolidation

Debt consolidation is when you combine multiple loans into one loan with one payment. This means that instead of paying off several different loans at once, you’ll only have one monthly payment that goes toward all your debt.

Debt consolidation can help save money on interest and make things easier for both yourself and your creditors,says Charles Kirkland. When you combine multiple loans into one loan with one monthly payment, it reduces the total number of payments that need to be made each month—which means less money spent overall! And since there’s only one monthly payment instead of several smaller ones, it also means less chance that something could go wrong (like an unexpected medical bill).


There are a few different options out there for refinancing your home. We’ll explain them all below!

  • The first option is to use a home equity loan. This is essentially a loan that gives you access to money from your home equity (the difference between what your home is worth and what you owe on it). You might be able to do this with a traditional bank, but there are also companies like Lending Club that specialize in offering loans for homes.
  • The second option is to use a personal loan. A personal loan is an unsecured loan that’s given directly from one person or company to another. This can be an excellent way to get cash quickly if you need it, but it’s often expensive—so it’s important to keep track of how much interest comes out of each payment (and how much interest will accrue over time), and how long the payoff period will be before the final payment is due again