If you’re planning to buy a new home, you will need a preapproval. While they’re not mandatory, a preapproval is an assessment done by the lender to see what types of home loans you qualify for. There are different types of residential properties such as single-family homes, multiplexes, condos, and townhouses. Most mortgage preapprovals are … Continued

Most homebuyers don’t have enough money saved to pay for a house in full, so when they want to purchase a home, they need to take out a mortgage from a lending institution. Before a bank agrees to the loan, they need to know that their interests are protected, meaning their money. To find out … Continued

When it comes to purchasing a multi-family style home, there are typically two choices, condo fees or no condo fees. But what are the advantages/disadvantages to each, and which should you choose. What typically sets apart whether monthly condo fees are charged or not is determined by how the home will be maintained, and by … Continued