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What Is an Amortization Schedule? Mapping Out Your Mortgage Payments

iStock/Ekaterina79 What is an amortization schedule? When you borrow money to buy a home, one of the documents you’ll see is an amortization schedule provided by your mortgage lender who could be a retail bank, a mortgage bank, a mortgage broker, or other lender. The word “amortization” refers…

July 27, 2019

Should I Buy a Condo? The Pros and Cons

Dangubic/istockphoto.com If you’re a potential buyer in the real estate market, you may wonder, “Should I buy a condo?” Condominiums are generally less costly to purchase than houses or townhouses, and they can offer conveniences you might not otherwise be able to afford. In fact,…

July 25, 2019

Staging and Selling a Home With Kids: Yes, You Can!

monzenmachi/iStock Staging your home is universally acknowledged as one of the most important things you can do to make it appeal to potential buyers. And while no one ever goes in thinking it’ll be easy, it doesn’t have to be an insane amount of work,…

July 25, 2019

What Is a Bridge Loan? A Way to Buy a New Home Before You Sell the Old One

What is a bridge loan? As the name suggests, bridge loans offer a short-term loan or “bridge” that allows borrowers to purchase new real estate property by using the home they currently own as collateral. A bridge loan is definitely worth considering for borrowers who are…

July 13, 2019

Is It Cheaper to Buy or Build a House? Compare the Pros and Cons

Feverpitched/iStock When you decide it’s time to put down roots and become a homeowner, you may wonder: Does it cost less per square foot to buy or build your own house? Unless you’re rolling in money, you’ll probably want to weigh the pros and cons…

July 12, 2019