If you’re curious about whether you qualify for affordable housing, figuring out your Area Median Income (AMI) is a great place to start. AMI gives you a snapshot…
Category: Blog
Everything you need to know about Low-Income Housing Programs and Government Assistance is right here.
Building a Rental Property Emergency Fund: A Guide for Property Owners
Imagine this: it’s 2 a.m., your phone rings, and it’s your tenant. There’s a burst pipe, and water is everywhere. You need to call a plumber ASAP. Or it’s tax…
Using Gift Letters for Your Mortgage
Your lender demands a gift letter and supporting documentation when someone offers you money to assist you in purchasing a home. A gift letter is a formal piece…
Understanding Ground Rent Agreements
There are several ways to own a home or property in America. Acquiring property can be one of the most expensive things to do. One uncommon way you…
Manufactured Housing
Manufactured housing is a dwelling unit built chiefly or off-site at factories before being transported to a plot of land where it is set. Compared to traditional homes…
Fannie Mae and Freddie Mac: An Overview
How they assist the mortgage industry and ease COVID-19 mortgage stress The mortgage market in the United States is incredibly liquid and stable in appreciation to Fannie Mae…
Is It Better to Rent or Buy?
You have to decide for yourself if it’s better to rent or buy. Both have pros and cons. Buying a house gives you privacy, ownership, and home equity,…
An Overview of Housing Expense Ratio
How is Housing Ratio Calculated Before buying a house, one of the first and most important things to consider is finance. You should always buy a house you…
Is It Better to Buy or Rent a Home After Retirement?
» Renting In Retirement & Renting After Retirement Buying a home is a big milestone and investment. When you think about becoming a homeowner, the obvious choice is…
Lease vs Loan: What’s the Difference?
Understanding Loan and Lease Basics In general terms, a lease is an agreement where the lessor allows the lessee to utilize their assets for a fee (also known…