A historic home can offer beauty and pride of ownership, but it also demands time, money, and a readiness to follow strict rules that don’t leave a lot of room for flexibility.
You may be able to use an all-in-one Federal Housing Administration (FHA) loan to help cover the cost of buying a piece of land and funding the construction of your new home.
While a home located right near a highway or airport may not be what you imagined when buying a home, these locations may allow you to stretch your budget.
If you’ve been wanting to become a homeowner but don’t know if you can afford the monthly mortgage payments, you may be able to buy a home, live in it—and have someone else pay for it.
Many may be hesitant to buy a home during shaky economic times. However, homeownership might provide you with more financial protection and flexibility—not less.
Those hoping to ease into their mortgage payments may want to consider an adjustable-rate mortgage, also known as an ARM.
Everyone loves a good deal. So, when a home pops up on the market for the bargain price of just $1, it’s easy to imagine packing your bags and living mortgage-free.
It would be great to buy a home when prices are at rock bottom, sell it at the peak of the market, and then pocket the profits. But it's hard to predict future home prices.
There are ways homebuyers may be able to lock in a lower mortgage interest rate. They just have to get a little creative.
Some builders, and even the occasional seller, are so eager to get to the closing table that they are buying down mortgage rates for home shoppers.
Smart Moves Start Here.