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What is a HOA?

What is an HOA?

If you’re a first-time homebuyer, you might not be familiar with HOAs, or Homeowners Associations—but if you’re planning on being property governed by a HOA, it’s important to know what you’re getting into before you buy.

Posted in: Mortgages & Home Buying, Personal Finance

Top 5 questions I should ask when interviewing REALTORS®

Top 5 questions I should ask when interviewing REALTORS®

Buying or selling a home is a big financial decision; and to be sure you get the best deal, you’ll want to find the right real estate agent to work with.

Posted in: Mortgages & Home Buying, Personal Finance

What is a reverse mortgage and should it be avoided?

What is a reverse mortgage and should it be avoided?

If you’re over 62 and trying to find ways to make your retirement money go further—or meet unexpected expenses—you may be considering a reverse mortgage. Though reverse mortgages can be complicated financial arrangements, the premise is simple.

Posted in: Mortgages & Home Buying, Personal Finance

What is Escrow And How Does It Work?

What is Escrow And How Does It Work

New homebuyers may be confused by the concept of escrow in part because the term can refer to (at least) two different elements of a real estate transaction.

Posted in: Mortgages & Home Buying, Personal Finance

Fixed Rate Mortgage versus Adjustable Rate Mortgage

Fixed Rate Mortgage versus Adjustable Rate Mortgage

Not all mortgages are created equal. While you may think you’re on the fast track to home ownership, once you’ve found your dream house and decided on a purchase price, you still have to pick the right mortgage. Buying a

Posted in: Mortgages & Home Buying, Personal Finance

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