One of the benefits of owning your own home is the chance to build equity. The longer you own a property, the more value it accrues. This happens for two reasons. First, you pay a little bit towards the principal balance every time you pay your mortgage. Second,...
If you have had a foreclosure in your past, buying a home becomes a little more complicated, but a foreclosure does not mean you can never become a homeowner. Each type of mortgage has its own set of circumstances and requirements you must meet. Knowing what these are...
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