Jul 13, 2023 | Consumer News and Advice, Real Estate, Real Estate Finance
By Angela Colley Jul 12, 2023 (Getty Images) When you buy a home, you hope it will appreciate in value while you pay off your mortgage, but it doesn’t always work out that way. Sometimes the market fluctuates, home values depreciate, and homeowners find...
Jul 12, 2023 | Consumer News and Advice, Home Buying 101, Real Estate
By Tara Mastroeni Jul 11, 2023 (Getty Images) An FHA-approved condo is a property that can be purchased using FHA loans—or loans that are insured by the Federal Housing Administration. These FHA loans are for first-time homebuyers (or someone who...
Jul 6, 2023 | Consumer News and Advice, Home Buying 101, Real Estate, Real Estate Finance
By Daniel Bortz Jul 5, 2023 (Getty Images) FHA versus conventional loan: If you need a mortgage to buy a house, you may find yourself weighing these two options. What’s the difference, and which one is right for you? While the majority of...
Jun 30, 2023 | Consumer News and Advice, Real Estate, Real Estate Finance
By Daniel Bortz Jun 27, 2023 (Getty Images) “What happens if I skip a mortgage payment?” is one of those questions we hope you never have to ask, but life is unpredictable. Sometimes no matter how carefully you plan, you may find yourself short on the funds you...
Jun 29, 2023 | Real Estate, Real Estate Finance
By Cathie Ericson Jun 21, 2023 (Getty Images) True to its name, an assumable mortgage a type of home loan where the buyer takes over the seller’s mortgage, rather than applying for a new loan. Assumable mortgages offer an array of advantages over traditional...