ONE TIME CLOSE LOANS GIVE YOU MORE OPTIONS TO BUILD A HOME

The process of acquiring land, financing the construction, and obtaining a permanent loan is cumbersome, costly, and requires a large investment in the project. A new type of loan that helps buyers acquire land and finance the construction with a small investment has emerged, it is called a one-time close loan. It essentially allows you to buy the land and finance the construction of your future … Continue reading...

CONDO, TOWNHOUSE, PLANNED UNIT DEVELOPMENT – WHAT’S THE DIFFERENCE?

Durango Condominium

The common characteristic shared by condominiums, townhomes, and planned unit developments is that the ownership of the home also involves the undivided ownership with other owners in the community of common areas. Examples of common areas are community roads, parking lots, community centers, fitness facilities, and/or swimming pools. The common areas ownership in a condominium community are … Continue reading...