Considering that traditional home prices are rising astronomically, you might be searching for an alternative. Have you considered getting a mobile home instead? A mobile home is a prefabricated home structure built on a permanent chassis, and it was constructed before June 15, 1976. There are so many benefits to getting a mobile home, and […]
Right now, the average mortgage holder has $185,000 in equity, which is a record-high rate. Many homeowners are considering using those funds to cover their current financial needs. But is a home equity loan the right choice to access that equity, or should you consider a reverse mortgage instead? Today, we’re covering the differences and advantages […]
Did you know that over 50% of homes in the US were built before 1980? This means that most homes in the country need some kind of remodel or renovation done to them. But how do you finance your grand plans? One of the most cost-effective ways is to borrow against the home value after your changes get […]
An out-of-state move is a great way to get a fresh start, and the Ocala area is a great place to call home. It’s also a great place to start a business. However, a relocation can be quite the undertaking. To help, Southern Home Team shares this guide to make your move easier. Why Ocala? […]
In the United States, approximately 64.8% of homeowners finance their homes with the help of a mortgage. Odds are, if you’re going to buy a home, you’ll need a mortgage too. But you might be wondering: what types of mortgages are there? There are quite a few different types of loans available for financing a […]
You’ve found the house of your dreams, but you’re just not sure where to find a mortgage. Should you go to the local bank? Should apply for a loan online? You have options for financing your house. But how do you choose a mortgage lender? By the time you’ve finished reading this article, you will understand […]
A home is one of the most expensive things you will ever buy. As of January 2020, the median sales price for buying a home in the US is $306,000. Getting a home loan and mortgage is one of the best resources for making your homeowner’s dreams come true. But many of us have the wrong idea […]