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Main Concerns When Buying a House
Main Concerns When Buying a House When buying a house, there are several major concerns to keep in mind. Here are the main ones buyers usually face: 1. Financial Concerns Budget & Affordability – Can you comfortably afford the mortgage, taxes, insurance, and...
Can a 65 year old get a 30 year mortgage?
Can a 65 year old get a 30 year mortgage? Yes, a 65-year-old can typically qualify for a 30-year mortgage as long as they meet the lender's criteria, which usually include factors like credit score, income, debt-to-income ratio, and overall financial stability. Age is...
Can you build a second house in your backyard in Massachusetts?
Can you build a second house in your backyard in Massachusetts? In Massachusetts, whether you can build a second house in your backyard depends on local zoning laws, which vary by municipality. These laws govern land use, including what types of structures can be...
Why is a townhouse cheaper than an apartment and a house?
Why is a townhouse cheaper than an apartment and a house? The price difference between townhouses, apartments, and standalone houses generally comes down to factors like land ownership, building density, and shared responsibilities. Here's why a townhouse might be...
Can I inherit my parents’ house while they are alive?
Can I inherit my parents' house while they are alive? Yes, it is possible to inherit your parents' house while they are still alive, but the process is different from traditional inheritance, which typically happens after someone's passing. There are several legal...
What happens to your mortgage when you die?
What happens to your mortgage when you die? When you die, what happens to your mortgage depends on several factors, including the type of mortgage, your estate plan, and the laws of your country or state. Here are some common scenarios: 1. The Mortgage Remains a...
Town House vs. Single-Family Home: Which Is the Better
Town House vs. Single-Family Home: Which Is the Better When deciding between a townhouse and a single-family home, the best choice depends on your lifestyle, financial situation, and long-term goals. Below is a comparison of key factors to help you make the...