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ARM Mortgages

ARM Mortgages

For the right type of buyer and right situation, an ARM mortgage can be a useful type of loan to get. It offers buyers a lower fixed rate, but only for a limited amount of time. Eventually, the loan becomes variable, rising and falling with the market. Key Takeaways • ARM mortgages are conventionally known […]

Understanding Property Taxes

Understanding Property Taxes

Property taxes add cost to every home buyer’s monthly payments, but they also serve to provide valuable improvements and services in the surrounding community. Key Takeaways • City and county taxes provide for civil services like police and fire departments, as well as community improvements and schools. • Property taxes may cover different time periods […]

Do You Need A Mortgage Contingency?

Do You Need A Mortgage Contingency?

Contingencies are a good idea to include in any home purchase contract because they protect the parties involved from various issues that can arise during the transaction period. They provide for a release from the contract should the conditions agreed upon not be met. Your real estate agent can help determine what kinds of contingencies […]