Tag: Buying A Home

What is Common-Interest Housing?
Posted on 02/16/2020
What is Common-Interest Housing?
Image by Free-Photos from Pixabay Common-interest housing includes individually owned spaces and common areas shared by all owners. The common areas can include clubhouses, landscaping, parking lots or pools. Multistory buildings share lobbies, stairwells, and elevators. Any community that shares property including single-family free-standing homes in developments, falls into the common-interest category. The two most familiar types of...
+ 1 more
Read More
Key Questions to Consider As You Evaluate Your Mortgage Options
Posted on 01/05/2020
Key Questions to Consider As You Evaluate Your Mortgage Options
Getting pre-approved for a mortgage may prove to be a long, arduous process if you are not careful. Fortunately, homebuyers who plan ahead should have no trouble obtaining a mortgage so they can enter the housing market with a budget in hand. Ultimately, there are many questions to consider as you assess your mortgage options, and these questions include:...
Read More
VA Loans: Frequently Asked Questions
Posted on 12/29/2019
VA Loans: Frequently Asked Questions
We all know that buying a home is expensive. For first-time buyers who don’t have the luxury of equity for a down payment, it can be difficult to find a way to finance your home without taking on a huge interest rate and mortgage insurance.Fortunately, loan programs like those offered by the U.S. Veterans Affairs can be a godsend....
+ 1 more
Read More
An Introduction to Home Equity
Posted on 11/24/2019
An Introduction to Home Equity
Buying your first home is a big decision; one that involves a lengthy process of saving money, building credit, and planning the next phase of your life. However, owning a home comes with one major payoff: home equity.Simply put, home equity is the amount of your home that you’ve paid off. However, it does get more complicated when we...
+ 1 more
Read More