When it comes time to purchase a house, most likely the biggest expense you will consider is the down payment. While your down payment will be a huge expense, there are other costs that must be considered when purchasing a home. Closing costs, which include the fees and taxes that must be paid to finalize […]
The cost of homeowners insurance has risen over the last few years due to a wide variety of factors that include rising inflation, labor shortages, and supply chain delays. This means that shopping your coverage on a regular basis is even more important. If you find a better deal you will need to switch insurers […]
Moving is difficult, and there are certainly different degrees to it. A short move across town is a lot easier and less expensive than moving an entire household across the country. There is a lot to consider when planning a move, everything from the cost of living in your new location to where you will […]
Insuring your home can be confusing, there are dozens of insurers to choose from and while most insurance policies are pretty standard, there can be differences. One issue that crops up is the difference between homeowners insurance and hazard insurance. If you are currently shopping for coverage and wondering how hazard insurance is different than […]
A bridge loan can be used if you are in the process of moving from one home to another or if your business needs some temporary financing to help cover operating expenses while waiting for long term funding. Keep reading to learn everything you need to know about bridge loans. What is a bridge loan? […]
If you are going to be in the market for a new home soon there are plenty of things to consider as well as actions to take to make sure you are ready before you start touring homes. Here are a few things to consider when preparing to purchase a new house: Are you ready? […]
A homeowners association (HOA) can be a major benefit to a neighborhood. They help keep the community safe and clean by maintaining all of the shared space in the area as well as by enforcing rules in the neighborhood to help protect home values. An HOA always comes with a fee and in some cases, […]
As interest rates continue to hit new lows, many homeowners have considered refinancing their mortgage. If you fall into this category, it is best to get the process started if you want to avoid a new mortgage refinance fee that is being rolled out by Fannie Mae and Freddie Mac, the government-sponsored mortgage giants who […]
If you are in the market for a new home, one of the first things you need to do is get pre-approved for a mortgage. In almost all cases this means tons of paperwork, most mortgage lenders require extensive documentation before they will fund your loan. Before you start the process, it is helpful to […]
If you are in the market for a new home, there are plenty of options available, but two of the most common choices are a single-family house or a condo. There are significant differences between these two types of housing and it’s important to fully understand the differences before putting in an offer. Here are […]