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A construction to permanent loan is a loan used to finance the construction of a home. When the home is complete, it converts into a permanent mortgage loan. Another common term for a construction to permanent loan is a single-close loan. Deeper definition Mortgage loans are only granted on structures that already exist. They cannot be […]

Basements have the potential to significantly increase the value of your property. By finishing this space, you can add a significant amount of usable living space to your property. Learn eight advantages of a basement renovation. 1. Additional Bedroom Finishing a basement can allow you to increase the size of the home. You may be […]

When it comes to your financial stability, planning ahead is essential. A home-equity line of credit can give you an added level of financial security for the future and is best considered while you’re in a healthy financial position. Having an open line of credit on your house can be a valuable tool. It serves […]

How do you sell a home with pets?” This is a question that gets asked a lot in real estate sales. If you have a dog or cat, chances are you love your pet. While some home owners have strict outside pet rules, most allow their animals inside their homes as part of the family. […]

You’ve got the best Realtor in town, the ‘for sale’ sign goes up in the yard, and bam … three or four of your neighbors’ homes hit the market, too. What do you do? Terry Lewis, associate broker with Legend Realty, says the additional listings could have been spawned by a group of homeowners that […]

Is the garage the most underrated part of your home? If you own a home without a garage, you might not know just how much value it can add. Aside from bumping up the home’s value, a garage will also prove quite useful. A New Garage Means Increased Home Value A basic attached garage will […]

New job and new mortgage Getting a mortgage during a job transition is common, and not a deal breaker for your mortgage. For example, you relocate for a new position. You want to buy right away, instead of moving twice. Or, you’re staying put but just changing employers. You can get a mortgage when between jobs by applying for […]

  Problem With Tract Houses Tract home neighborhoods are a go-to for builders because they’re cost effective. The predictability and repeatability of such structures allows builders to buy materials in bulk, maximize land, and follow processes that are fast and efficient. There’s nothing inherently wrong with tract homes, but many buyers long for something unique. […]

Although there are numerous examples of people who have earned themselves a fortune with real estate investment, real estate, like every other business, has many risks associated with it. Moreover, regardless of the type of property you are purchasing or whether you plan to rent or resell it afterward, investing in real estate requires a […]

  Location, location, location.  When you’re in the market to buy or build a home, location is generally one of the top factors.  You may want to stay within a certain school district.  Or maybe you want to stay close to your job.  Once you’ve found your general location/community, you need to think about where […]