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)

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 homeowner will come to a point in their ownership journey when they must consider the age-old homeowner's debate: Is it time to refinance the mortgage or sell the house? Selling your home is a very personal decision, and there are a lot of... (Read More)

Online mortgage calculators can be great tools. They allow potential homeowners to calculate mortgage limits and see what they may qualify for without booking an appointment with the bank or a mortgage broker. Here at PRMI, we believe these tools... (Read More)

The journey to homeownership is a major milestone, but for many first-time buyers in 2025, finding an affordable starter home is more challenging than ever. With a shortage of smaller, budget-friendly homes, buyers need to explore creative... (Read More)

Buying your first home is challenging in today’s market. Inventory is low, so finding a house that meets all your needs can be difficult. So what can you do instead? Build a home! With an FHA one-time construction loan mortgage, you can finance... (Read More)

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)