Understanding Conventional & Government Mortgage Products & The Choices Involved

Understanding Conventional & Government Mortgage Products & The Choices Involved The mortgage industry, and its terms, can be extremely confusing. Understanding mortgage products is important before entering into a purchase transaction. Things are slightly different for refinance loans which will not be covered here. In general, the terms of a mortgage (rate, mortgage insurance and…

Buying Land: Understanding the Risks of Purchasing Land With Wells and Septics The biggest risk in buying land is buying unimproved (raw land) land rather than improved land. Unimproved land has none or some of the following: no well, perc and mantle (water absorption test) or power access. These problems are non-existent in the city…