Should You Buy a “Haunted” House?

Spooky houses look like they haven’t seen a living occupant, gardener or handyman in years. Many so-called haunted houses are so dilapidated they look occupied by ghosts, or they’ve been on the market so long, buyers suspect there’s a skeleton hidden in the closet. But that house for sale that gives you the creeps may actually turn out to be a good investment.

Read More

Buying a Condo Just Got Easier

The U.S. Department of Housing and Urban Development recently revised its condominium loan policies to allow consumers greater access to mortgage loans that are federally guaranteed through the Federal Housing Administration(FHA). After Oct. 15, 2019, as many as 60,000 additional condo units will meet FHA-certification, making them eligible for buyers to purchase with an FHA loan.

Read More

Getting A Mortgage Loan Despite Student Debt

High outstanding student loans can keep you from qualifying for a mortgage loan, but here are two quick ways you can improve your chances of getting approved.

Read More

Buying an Historically Significant Home

Historically designated homes are beautiful and charming, but you should consider a few things before you buy one. 

Read More

How Important Is Square Footage?

Buyers tend to think bigger is better, but a smaller home may actually feel more spacious than a similar home with a larger footprint.

Read More

Buying a Condominium

Single-family homes and condominiums offer vastly different lifestyles, so it’s helpful if you know what’s in store when you buy a home with shared walls.

Read More

Understanding Buyer’s and Seller’s Markets

While any time is a great time to buy or sell a home, knowing whether market conditions favor buyers or sellers will help you to improve your own position and to navigate your transaction more easily.

Read More

Recourse and Nonrecourse Mortgage Loans

Recourse or non-recourse loans are a topic that may never come up while you’re applying for your mortgage, but it’s nonetheless important to know what they are. They’re not a type of loan like fixed rate or adjustable rate, nor are they conventional or government-guaranteed loans like FHA and VA loans.

Related Posts Plugin for WordPress, Blogger...

Read More