The debate on living in a housing development with a homeowner’s association (HOA) has been going on for decades. Ever since the first master-planned communities started appearing in the 1960s, homebuyers have had to decide if the advantages outweighed some of the disadvantages. As with most aspects of home buying, the final answer is that […]
Home buying probably ranks as one of the biggest personal investments one can make. Being organized and in control will contribute significantly to getting the best home deal possible with the least amount of stress. It’s important to anticipate the steps required to achieve your housing goal successfully and to build a plan of action […]
How to Avoid Monthly Mortgage Insurance through your local lender. Most consumers looking to purchase a property are under the impression that if they put less than 20% down for the purchase of their new home, they will be required to pay monthly mortgage insurance. This is a common misconception that is more than likely […]
What are the 4 types of Mortgage Providers? 1. Mortgage Bankers Mortgage Bankers are lenders that are large enough to originate loans and create pools of loans, which are then sold directly to Fannie Mae, Freddie Mac, Ginnie Mae, jumbo loan investors, and others. Any company that does this is a mortgage banker. Some companies […]
Living in Atlanta, we define the City in much broader terms. Georgians consider the surrounding five metro counties to be Atlanta. There are USDA loans available in these counties. For example, north of the city in Forsyth County, there are pockets that allow USDA 100% financing loans. USDA has a very nice search tool. It […]