When you are ready to begin looking for a home, one of the things you will have to consider is if you want to live in a neighborhood that has a Home Owners Association (HOA). There are many benefits, as well as restrictions, in a HOA so be sure to read the documents provided to you.
Real Estate Finance: What type of loan do I want?
Lets talk about loans. Deciding on what type of mortgage to get can seem overwhelming so we wanted to explain the different types. There are two big categories for mortgages: government and non-government (conventional) loans. The rules for government mortgages are dictated by the particular agency that is backing the loan, but conventional loans are not as cut and dry.