The decision to buy either a house or condominium comes down to personal preference and the type of house you want to maintain. Condos can be easier on the maintenance but higher on the homeowner association dues because of that lack of maintenance. However, both have...
I’ve spoken to a few clients these days and a lot of them have asked about the subprime mortgage bust in 2007 and 2008 and a lot are wondering are we at the top of our real estate market now? Are we going to start heading downward and are things looking bleak...
The Urban Institute recently published a report discussing the obstacles to accessing homeownership. 80% of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment of over 5%. My job is to educate...
If you’re going with the idea of buying your first house, you’re probably doing some research on the financial side of it. Most of us don’t have the cash to purchase our first home so we are looking at financing. This is probably one of the biggest...
Who pays for closing costs when you purchase a home or when you sell a home all depends on what type of loan the buyer is getting. First-time buyers are often shocked when they realize how much closing costs can actually be. Closing costs are the various fees,...
Together… that may be a new word for you and now your SO (Significant Other)… but if you’ve decided that “together” is what you’re going to be you might also be wondering if buying a house together is a good idea or not. Together...