Buying a Home

If you’ve ever borrowed money to buy a home (aka obtained a mortgage), you’re probably familiar with home appraisals. Most lenders will require an official home appraisal before they fork over the money. They just need the approval of a professional that the house is worth as much as you’re trying to pay for it. […]

From an ownership perspective, there’s a lot to like about condominiums. They offer a convenient, practical lifestyle, especially in larger cities. Condos also tend to have more accessible pricing. This boosts their appeal to first-time buyers and people in younger demographic groups. Many older people and retirees also downsize from detached homes to condos in […]

“Get rich investing in real estate!” “Buy homes for pennies on the dollar!” These are the kinds of statements people often associate with real estate foreclosures. In reality, property foreclosures seldom lead to get-rich-quick success. Great deals are out there, for sure. However, it takes a lot of work and due diligence to reap those […]

Most homebuyers need a mortgage to finance the purchase of their house. Very few of us can afford to buy a house outright, with cash. So we seek out a loan from a bank or other financial institution that offers mortgages. In order to qualify, you need a good credit score and a chunk of […]