Why Selling a Home Quickly is Important Selling a home can be a daunting and time-consuming process. From prepping the house for showings to negotiating with potential buyers, there are many steps involved in selling a home. However, one factor that often gets overlooked is the importance of selling a home quickly. We will discuss
The US population 65 and over soared by 34 percent in the last decade, from 43 million in 2012 to 58 million in 2022. In the coming decade, the fastest growth will occur among those over 80, when people are more likely to need accessible housing as well as services and support at home. The
In recent years, homeowners associations (HOAs) have become increasingly popular among homebuyers. According to a study by the Community Associations Institute, approximately 26% of Americans now live in some form of community association, with HOAs being the most common type. So what exactly is an HOA and why are more people choosing to live in one?
New conforming loan limits likely to top $700K In 2022, the conforming loan limit for a single-family home is $647,200 in most of the U.S. But that number is expected to change on November 30 when the FHFA announces new conforming loan limits for 2023. The new “baseline” limit is likely to be over $700,000 across most
Which loan is best for home renovations? The best loan for home renovations depends on your situation. If you want to buy and renovate a fixer-upper, options like the HomeStyle loan, CHOICERenovation loan, or FHA 203k rehab loan could be ideal. If you already own your home and want to make improvements, tapping your equity
Home appraisals are important (and required) A home appraisal determines the fair market value of a property and helps ensure you don’t overpay for it. Appraisals protect both the buyer and the mortgage lender, and most loan programs require one when you purchase a new home. Most borrowers pay between $300 and $425 for a
