Most VA loans are “assumable,” which means you can transfer your VA loan to a future home buyer if that person is also VA-eligible. Assumable loans can be a huge benefit when you sell your home, especially in a rising mortgage rate environment. If your current mortgage loan has a lowe...
Rule enforcement may seem arduous: While conflict resolution may be a benefit to some, it could strike another as overkill, particularly if disputes involve stiff penalties (often fines) that seem out of proportion with the offense. Penalties for non-payment: Depending on the penalties allowed by...
Condo housing is fairly widespread around the world, especially in dense urban areas where space is at a premium. The first condos in the United States were built in 1960 in Salt Lake City, Utah. In 1961, federal legislation followed that allowed mortgages on condominiums, making financ...
The challenge for these companies is to pivot to profit, as funding usually dries up in a recession. Companies in all four categories should focus on building systemic resilience. Any company can benefit from putting in place some essential defensive elements, such as cost cutting, price ...
“That could be a guarantee in the form of a stream of income or a death benefit.” What Is a Deferred Annuity? An annuity is a contract with an insurance company that offers a guarantee in the form of a steady stream of income. You can purchase a deferred annuity with a lump sum ...
A home appraisal can be a valuable step outside of apending real estate deal The best way to use an appraisal to your advantage is to understand what it is and how it's used by others in the homebuying or selling process. Here's what you need to know: ...
The housing market is booming, and people have begun seeing homes as a sound investment for their future. The danger in flipping homes, especially older ones, are the unseen costs hidden beneath floorboards and within walls. Damages to repair, appliances to replace, and unforeseen complications ...
The United States is facing a housing crisis: Affordable housing is inadequate, while luxury homes abound (充裕), and homelessness remains a persistent problem. Despite this, popular culture and the housing industry market hap...
Easy upkeep.Less square footage means there’s less to clean, and less to have cared for if you’ll be gone for a while. Many people who travel for work or pleasure often may see the benefit of a smaller apartment for the little amount of time they spend at home. ...
Similarly, if your area has a lower housing supply, the appraiser may determine that the home’s value should be higher, but a supply glut would have the opposite effect. Components of a Home Appraisal Report Because the home appraisal report is so critical to the process—its findings can ...