How does getting a vacation home work?
Are you considering getting a vacation home? Owning a vacation home can be a great investment and provide a place to relax and enjoy the company of family and friends. Before making the decision to purchase a vacation home, it is important to do your research and understand the differences between a vacation home and a primary residence.
Co-op vs Condo vs Townhouse
When it comes to purchasing a home, there are many options to choose from, including co-ops, condos and townhomes. Each type of home has its own set of benefits and considerations, and it’s important to understand the differences between them before making a decision.
What is a Co-operative and an Underlying Mortgage? 4 Things You Should Know
If a Co-operative Association needs major renovations/repairs on the building then the shareholders/Owners vote and authorize their elected Board of Directors to sign and obtain an Underlying Mortgage secured by the “building and land”. Even though the shareholders/owners personally did not sign the Underlying Mortgage loan documents, it becomes an obligation to all shareholders of the Co-operative in the form of an underlying mortgage.
Deed vs Deed of Trust
When buying a new home, there are a lot of legal documents to navigate, and it can be easy to get confused. Two documents that are often mentioned in the home buying process are a deed and a deed of trust. While they may sound similar, they are actually very different.
The 5 Myths of Buying a Home
Unveiling the truth behind the myths, this article will provide you with a comprehensive breakdown of some of the most common homebuying myths. You’ll be better-equipped to make an informed decision and take the first steps toward homeownership.
5 Ways to Set Goals for the New Year
The New Year is here and it’s time to evaluate our goals. You have many decisions to consider when setting your New Year goals but if one of your goals is to buy a home, you’ll want to set strategic goals that can help you stay focused and on track. Setting goals makes you accountable and motivated so here are 5 goals to keep in mind for the New Year.