Similar to most home loans, FHA mortgages come with various closing costs. These could differ drastically by geographic location, lender, down payment, and market conditions. In general, however, you have to budget for the following closing costs: Private Mortgage Insurance FHA mortgages require a premium upfront, which is 1.75% if the […]
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Deciding on a family home is an important decision for couples to make. If you are considering either to buy your home or lease it on a long-term basis, better compare your options carefully. Have you just gotten married and are now in the process of looking for the perfect […]
Some people are just plain born fortunate, blessed with loads of inherited old money that they themselves did not do anything to deserve. And which, likewise, they wouldn’t know what to do with, except spend. But they would be well-advised to try and conserve their wealth so that they may […]
For the most part, property management poses a distinct challenge for business owners. Though salary is certainly a good incentive, paying a property manager enough cash can fall short in the long run. For starters, the manager employed does not have a vested interest in the property itself, making his […]
In the United States, the adjustable rate mortgage (ARM) is one of two of the most popular home loans, the other being the fixed rate mortgage (FRM). The lower initial cost associated with ARM is one of its key benefits, attracting thousands of home buyers every year. Why should you […]