If you're not getting a conventional mortgage and are instead opting for something like aVAorFHA loan, for example, the appraisal has additional steps the government agencies require. The VA, for example, has minimum property requirements, including working electricity, functional heat and air, an...
At Home with Loan Alternatives FHA, VA Loans Might Be the Answer for Buyers Who Need a Helping HandByline: Deborah Donovan Daily Herald Real Estate Writer Joe and Mary Smith want a piece of...Donovan, Deborah
An assumable mortgage is a home loan that can be transferred from the original borrower to the subsequent homeowner. The interest rate stays the same. Having an assumable loan can give a home seller a marketing edge.