Boston is a college town. In June and July, I get calls from parents who are thinking about buying a condo here, so that their college-aged child can save on rent. This is known as a “kiddie condo.” Sometimes, it makes sense. Most of the time, it does not. Condo Pros: If the mortgage is
4 Buyers Real Estate gives our clients a list of mortgage lenders who have been tried and true for us and our past clients. What do we expect from lenders on our list? Good communication throughout the process. No last-minute drama. Close on time. Can I get a mortgage now? If you have a 20
The Federal Housing Authority, or FHA, provides mortgage insurance for people who purchase properties with less than twenty percent down. Some borrowers can only get their low down-payment loans through FHA, because no other institutional lender will qualify them. There is a difference with FHA loans. They weigh the condition of the property more than