Buying a foreclosure home can be a great way to save money on your purchase. But it’s not an easy process. Properties in foreclosure come with a lot of red tape, delays and difficulties that can make the process challenging. The first thing you... (Read More)
Rising house prices and higher interest rates have made it more challenging than ever for first-time home buyers to break into the housing market. With these challenges in mind, many first-time buyers have decided to use Federal Housing... (Read More)
Online mortgage calculators can be great tools. They allow potential homeowners to calculate mortgage limits and see what they may qualify for without booking an appointment with the bank or a mortgage broker. Here at PRMI, we believe these tools... (Read More)
Buying a home with an adjustable mortgage rate is like riding a roller coaster. There are ups and downs as the interest rates move up and down with the market. Five years ago, that roller coaster was more of a toddler-friendly ride. There were peaks... (Read More)
Housing trends come and go. A few years ago, a new craze became wildly popular – tiny houses. Defined as a structure meant to be portable and less than 600 feet, tiny houses were supposed to be a new living situation that would make housing more... (Read More)
For many first-time home buyers, factoring in their student debt is a part of the process. There is 1.75 trillion in student loan debt in America, and the average borrower owes $28,950 or more. That's a large amount of debt to consider when... (Read More)
Are you looking for a way to earn more money? Or a potential second career? Then it might be time to consider buying an investment property! Investment properties can be a great way to bring in more income. You can turn your investment property into... (Read More)
One drawback for many would-be homeowners is the idea of being responsible for home repairs. When you rent, if something breaks, you call the landlord, and it's their responsibility to arrange a repair and pay for it. That can be a very attractive... (Read More)
We know that for many people becoming a homeowner feels more challenging than ever. After all, inflation is high, interest rates are rising, and housing prices are much higher than they were for previous generations. It can feel overwhelming and... (Read More)