23 Mar 2023
By RESCO Realty

White Lies That Could Make It Harder To Buy A Home

Real Estate, ,
Right now, the real estate market is very competitive, and you might be tempted to use a few white lies to make your offer seem more competitive. No matter how much you want to purchase a home, you need to make sure you are completely honest and open when you go through the process from start to finish. What or a few examples of common white lies that people tell that could jeopardize your application or your mortgage as a whole? Lying About Your Primary Residence If you plan on living in the house full-time, make sure you say so.…
Read More
21 Mar 2023
By RESCO Realty

An Overview Of A Wrap-Around Mortgage: What To Know

Real Estate, ,
Are you having a difficult time qualifying for a traditional mortgage in the current market? If so, there are other options available, and a lack of financing can frustrate not only the buyer but the seller as well. For example, one option that you may have heard about is called a wrap-around mortgage. The entire goal of this mortgage is to help the buyer get financing to purchase the house while making sure the seller still turns a profit. What do you need to know about a wrap-around mortgage?  What is A Wrap-Around Mortgage? A wrap-around mortgage is a specific…
Read More
17 Mar 2023
By RESCO Realty

How to Get Along With Your Homeowners Association

Real Estate, ,
Rules and covenants of a homeowners association can be a bit overwhelming, especially for a first time homeowner. Understanding that the regulations are designed to protect the value of your home helps make some restrictions easier to live with. Homeowners Association CC&Rs, which stands for "covenants, conditions and restrictions," can be intimidating. But, with the growing number of communities and subdivisions that have existing HOAs, it's important to know what you're getting into before you buy a home. Associations Come In All Forms An association's goal is to maintain the ambience of the community and assure that home values are upheld.…
Read More