How Can FHA Loans Help You Buy a Home?
FHA loans are specifically designed to assist homebuyers in purchasing homes they couldn’t afford if they opted for other types of mortgages. The Federal Housing Administration (FHA) was founded in 1934, and its aim was to help people purchase homes. This organization does not make any loans, but it does insure the finance that private […]
What You Should Know About ARMs
Adjustable rate mortgages, or ARMs, are mortgages with varying interest rates that are usually determined by performance of benchmark indexes. As the index rate changes, your rate of interest will be adjusted periodically. Here is a brief ARM glossary: Index- The index is essentially a guide that lending institutions use to measure changes in the […]
What Should You Disclose When You Sell?
Selling a home usually involves more than one negotiation session with the buyer. The first round of negotiations involves the buyer and the seller agreeing on a sales price and the terms of the sale. Then, the second phase of negotiations happens after an inspection is performed on the house and you have disclosed the […]
The Psychology of Real Estate Investment
Despite the hammering dealt by recessionary trends, real estate has continued to be a preferred investment zone for some investors. Buying preferences and home ownerships dynamics have witnessed many changes in the recent past. However, some individuals will always have a penchant for owning more than they need. Here, we would like to concentrate our […]
What You Should Do Before Listing Your Commercial Property for Sale
Selling a commercial building isn’t much different than selling a home or condo. We have compiled a few things you need to do before listing your commercial property. By taking these simple steps you can sell the property quickly and profitably: What is a commercial property? A commercial property can be a plot of land, […]