Homeowner associations, or HOAs, are becoming more common, especially for newly built homes. According to a 2020 Foundation for Community Association Research report, some 73.9 million Americans live under such an arrangement. More than 75 percent... (Read More)
For years, the conventional wisdom in real estate was to start with an older, more affordable house as your 'starter home.' The idea was to build equity in a less expensive property and then trade up to a more expensive home later. However, with the... (Read More)
Are you thinking about moving to a rural area? It’s an excellent option for many who want a peaceful lifestyle away from the hustle and bustle of city life. Using a USDA home loan to make that move even more affordable can be a game-changer. But... (Read More)
Buying your first home is an exciting process. But once the papers are all signed and you’ve moved all your stuff in, the excitement wears off, and you have to get used to living in a new space. Sometimes, it takes a while for the new house to... (Read More)
No homeowner wants to think about their home being damaged by a natural disaster, fire, or flood. But these things happen, and homeowners must be prepared with adequate home insurance. According to Quadrant Information Services, in 2024, the average... (Read More)
For many first-time homebuyers, the road to homeownership feels straightforward—get your financial documents in order, qualify for a mortgage, and move into your dream home. However, the mortgage process can get a little more complicated if your... (Read More)
Buying a rental property can be a wise investment if you know what you are doing. But you have to plan and consider all the implications of your decision. Otherwise, you may find yourself tied down to a property that costs you more money than it... (Read More)
It can be difficult for homeowners to maintain their homes. Even if they keep up with essential maintenance and repairs, their homes will deteriorate over time, which may necessitate more costly renovations down the line. For example, a typical... (Read More)
Every first-time homebuyer faces this age-old debate: Should you buy a house or build one? According to Realtors.com, the median home price is $425,000. However, the national average cost of building is $329,000 for a 2594-square-foot home, which... (Read More)