owning a house

People buy their homes for a number of reasons. Affordability, stability, and comfort are some of the most important factors. However, appreciation must also be considered when you’re thinking about buying, selling, or refinancing a home.

Some homebuyers refuse to purchase a property if it is part of a property owner association. On the other hand, many other homebuyers intentionally seek out properties that are part of a POA because they find that there are many benefits associated with a property owner association.

If you're asking yourself what kind...

Research indicates that 58% of homeowners in HOA communities and single-family homes pay an average monthly fee of $250. Despite this substantial number, homeowners lack adequate information about HOA fees and why they have to pay for them in the first place.

Private mortgage insurance is something millions of homeowners pay for each year. However, this type of insurance does not protect the homeowner.

A mortgage is often the largest monthly expense homeowners pay. The thought of reducing the amount of money you owe each month comes to mind for just about every homeowner at one point or another.

A home doesn’t just fall into foreclosure status. There are stages and processes that take place behind the scenes before a home is sold via foreclosure. One of those steps is known as pre-foreclosure.

Refinancing your home can save you thousands of dollars per year! When you extrapolate that savings over the lifetime of your loan, it’s no secret why refinancing seems like an attractive option for millions of homeowners.

If you’re looking to buy a house, and do not have a mountain of cash saved up, you’ll need to consider getting a mortgage to help you finance this large expense.

But what exactly is a mortgage? Simply put, a mortgage is a debt instrument used to purchase real estate. A lender will loan a borrower money, and the...

Buying a home? You’ll likely need to get it appraised before you receive the clear to close. If you’re wondering what is the home appraisal process, or why you should care, this article is for you. We’ll cover everything you need to know on both the buy and sell side of the appraisal.

Buying a home for the first time...

Innovative and cost-effective home improvement ideas are all over the internet, especially when it comes to DIY projects that will add value to your home without emptying your checking account or maxing out your credit card.