ARM Is this the Best Mortgage Loan for You? While there are many different types of mortgages, one of the most popular is the Adjustable Rate Mortgage, also referred to as ARM. In this case, the amount of interest would fluctuate based on the current market. Because of this, the monthly mortgage payment would increase [...]
FHA 203K Rehab Loan – Buy Or Repair Your Home! Certainly you have heard about the negative news recently about the real estate market and the surplus of foreclosed homes on the market. You may be thinking that right now is a great time to take advantage of the low interest rates and purchase one [...]
The much-anticipated extension to the home buyer tax credit has finally been approved. The President signed the extension into law last month. If you are looking to purchase your first home, you have been eligible for tax credits of up to $8,000 since last January as part of this year’s economic stimulus package. You will [...]
Meriden Fixer-upper, Is A Fixer-upper Right For You There are many reasons to consider purchasing a fixer-upper in the Meriden, Connecticut area. Sometimes buying and rehabbing a property is the only way a buyer can afford to become a homeowner. In other cases purchasing a fixer-upper allows the buyer to purchase in a neighborhood they [...]
With homes being foreclosed all across the country in record numbers, you may have looked into purchasing one. They could prove to be a great deal. But since most of them need some fixing up, you may have thought against it. Maybe you were scared of the renovation work being to much, you couldn’t see [...]
