With higher rents and lower mortgage rates, some renters may be considering breaking their lease early to buy a home, but what are the consequences of doing so? Learn how to work with your landlord to get out of your lease and moving forward into a new home.
For those who live in flood-prone areas, flood insurance is a must. But, for those whose new home is in a low- to moderate-risk area for flooding, is flood insurance necessary? A veteran real estate journalist presents the options so you can make an educated decision.
An escrow account will help keep you on track — that's why many mortgage lenders require them. An escrow account can help you stay current on property taxes, homeowners insurance and even homeowner association dues.
Chances are, you may have received a pre-approval or pre-qualification letter from a lender. What’s the difference — and how do they affect your chances of securing a home loan? A mortgage expert has the answers to these questions and more.
When building your new home, you can opt for a construction-to-permanent, or C2P, loan — single-close financing where you, rather than your builder, take out a construction loan that automatically switches to permanent financing once the home is completed.
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