Even brand-new homes can hide serious flaws, which is why many experts recommend a professional inspection before closing—even if the property appears perfect. While an inspection may add costs and delay your timeline, it can help uncover critical issues early, give you leverage with the builder, and provide peace of mind.
Should you get a home inspection right before your warranty expires? Some experts think so.
An expiring appraisal can put a damper on your home purchase or refinance. Here's how long they last before you need a new one.
New construction property taxes only include the land value. When do you have to start paying the full amount?
USDA loans offer the opportunity to buy a manufactured home with zero down. But it must be a new, never-lived-in manufactured home to be eligible.
While it’s a generous loan option, FHA loans come with several key requirements prospective borrowers will need to meet or exceed, including minimum credit score, minimum down payment, and maximum debt-to-income ratio.
While experts recommend spending no more than 36% of your income on housing and debt payments, it can be an unrealistic number in many markets. Lenders allow up to 50% or higher in some cases.
If you plan to put less than 20% down when you buy a home, the lender will probably require private mortgage insurance, or PMI. But what does it do and how much does it cost?
