The Fannie Mae Homestyle Loan Explained For Riverside Home Buyers

The Fannie Mae HomeStyle Renovation Mortgage is intended to assist home buyers in purchasing a home that needs work, often first-time home buyers. Basically, this kind of mortgage allows a home buyer to bundle the costs of buying with the remodeling/renovation expenses and make only a single monthly mortgage payment. These mortgages were also created, according … Continued

Zero Down Loans Explained for Riverside Home Buyers

Many people think achieving the American dream (home ownership) is far beyond their reach because they just can’t come up with enough cash for a down payment. But home ownership is still possible because there are other options – even zero down payment options. Yes, traditional, conventional mortgages require a hefty down payment, sometimes as … Continued

FHA Loans Explained for Riverside Home Buyers

In a nutshell, FHA Loans are designed to assist low- to moderate-income borrowers and home buyers. Issued by FHA-approved lenders, these loans are backed and insured by the Federal Housing Administration (FHA), so they pose less risk to lenders. Typically, then, FHA Loans require lower down payments and lower credit scores than conventional mortgages. Still, … Continued

7 Benefits of A Condo vs. A Single-Family Home in Riverside

When it comes time to buy a home or a new home, the choice for many people is between a condo and a traditional single-family home. If the location is right, that decision usually comes down to which one better fits your lifestyle. That decision, however, can be a little easier once you understand the … Continued

Townhome or Condo? Understanding The Differences Of These Riverside Properties

Many people use the terms “townhouse” and “condo” interchangeably, but they shouldn’t. These are two different animals entirely through some of the differences are fairly subtle. But if you’re trying to decide whether to buy/rent a townhome or condo, you absolutely must understand the differences in order to choose the one that best fits your lifestyle. Townhome … Continued

Storage Ideas For Your New Condo in Riverside

You’re ready to move on from your current living situation, and you’ve just signed a lease on a great new condo in Riverside. Congratulations! As you pack your boxes, you’ve been dreaming of where you’ll put your furniture, what pictures will go on which walls and all those long walks you’ll take in your new … Continued

How To Schedule A Home Inspection In Riverside

One of the most important aspects of the home-buying process is the inspection. Buying a home is a huge financial transaction and an enormous investment for buyers, and the inspection is the buyer’s chance to find out if the property has any major problems. So the inspection report becomes a major negotiating tool. It is the … Continued

The Pros And Cons Of Buying A Model Home in Riverside

There are indeed many pros to buying a model home. It is the builder’s showpiece – beautiful and packed with attractive features and extras. On the other hand, though, there are a number of cons to buying model home, such as the fact that it will be slightly used and isn’t truly a new home. So how … Continued