June, 15 2017

What is Different About a Foreclosed Home?

During your home search, you’ve probably encountered some houses listed as “foreclosures”. Let’s take a look at what that really means, and things to look out for when purchasing foreclosed home! What classifies a home as a “foreclosure”? A home is classified as a foreclosure when the bank, rather than the original buyer, is in […]

Pros and Cons of an Home Owner's AssociationMay, 17 2017

Pros and Cons of an Home Owner’s Association

A homeowner’s association, or HOA, is an organization within a community or subdivision that creates and enforces rules for the properties within it. Purchasing a home in a neighborhood with an HOA has both upsides and downsides. Consider the following when settling on a home within a community that has a homeowner’s association: PRO: A […]

pros and cons of renting vs buying a homeApril, 26 2017

Renting vs. Buying a Home

When searching for a new home, you’re guaranteed to ask yourself the big question: Should I rent, or should I buy? Either choice is a solemn commitment that requires a bit of research on both sides when weighing your options. First, let’s go over the good and the bad of both renting and buying! Pros […]

new home loan maximum raisedFebruary, 16 2017

Federal Housing Finance Agency Increases Maximum Loan Limits for 2017

Fannie Mae and Freddie Mac are government sponsored enterprises whose shared goal is to provide affordable loans. They are required by law to adhere to the “conforming loan limit,” which sets a financial cap on the amount at which they can purchase single-family mortgages. Loan balances above a specific amount, also known as “jumbo loans,” […]

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