From high-end condos in Hawaii to inexpensive trailer parks almost anywhere in the United States, homes on leased land are a way to own a home for a lot less money than a house on land owned by the homeowner.
Using a reverse mortgage to buy a vacation home in the Cayman Islands sounds like one of the worst uses for the federally overseen program meant to help older homeowners either fund their retirement or at least stay in their homes by no longer having a mortgage bill.
Buying a brand-new home can be a wonderful thing.You get a home built to your specifications, with a modern design and features, and the expectation of minimal repairs and maintenance for the foreseeable future.
One of the biggest challenges in buying a home is knowing what is a good price for a particular property.Individual homes and the neighborhoods around them vary so much it can be hard for a buyer to determine what a fair price would be.
Now that the dread Winter of 2014 finally seems to be behind us, the spring homebuying season is upon us.It's the most popular time to buy a home, but also the most competitive.What do you need to do to be ready for it?.