A buyer's market favors home shoppers. They often have more choices and additional bargaining power. A seller's market is often defined by a low supply of homes for sale. That can force buyers to compete to get offers accepted.
An FHA red flag is any safety hazard, health hazard, or deteriorating element of a home that would jeopardize financing.
The property title search is a standard part of closing. Its purpose is to confirm the seller's legal right to sell a property. Here's everything you need to know.
The big perk of the bridge loan is that it enables a homeowner to purchase a new home before they have a chance to sell the one they currently own.
Broadly speaking, condos are individual units within a larger complex. They are more like "ownable" apartments. Meanwhile, townhouses are considered independent structures.
Contingent means that a seller has accepted an offer on the condition that specific contingencies are satisfied by closing day. Pending means that all provisions have been successfully met while a sale is being processed.
Buying a home is both a significant milestone and a deeply rewarding experience. However, it's essential to understand that purchasing a home involves various fees.
New American Funding is working to make the dream of homeownership a reality for more people. Everyone should have the opportunity to own a home, and we're committed to helping people overcome the barriers that may stand in their way.
What does contingent mean in real estate in different circumstances? This guide covers what you need to know.
Home affordability is on the minds of many first-time homebuyers today. What does it take to make a success story? It's important to assess your financial situation today to begin plotting your journey to owning your own home.