Buying a rental property can be a wise investment if you know what you are doing. But you have to plan and consider all the implications of your decision. Otherwise, you may find yourself tied down to a property that costs you more money than it... (Read More)

If your goal last year was to buy a home, and it didn’t happen, we’re here for you. The 2023 buying season was a rollercoaster of ups and downs for many would-be homeowners. There was a bit of everything to make buying a house difficult... (Read More)

Buying a foreclosure home can be a great way to save money on your purchase. But it’s not an easy process. Properties in foreclosure come with a lot of red tape, delays and difficulties that can make the process challenging. The first thing you... (Read More)

Rising house prices and higher interest rates have made it more challenging than ever for first-time home buyers to break into the housing market. With these challenges in mind, many first-time buyers have decided to use Federal Housing... (Read More)

Buying your first home is challenging in today’s market. Inventory is low, so finding a house that meets all your needs can be difficult. So what can you do instead? Build a home! With an FHA one-time construction loan mortgage, you can finance... (Read More)

Online mortgage calculators can be great tools. They allow potential homeowners to calculate mortgage limits and see what they may qualify for without booking an appointment with the bank or a mortgage broker. Here at PRMI, we believe these tools... (Read More)

One drawback for many would-be homeowners is the idea of being responsible for home repairs. When you rent, if something breaks, you call the landlord, and it's their responsibility to arrange a repair and pay for it. That can be a very attractive... (Read More)

Closing costs are a necessary evil when you're buying your first home. After all the excitement of purchasing a house, closing costs can ruin the mood. They're expensive and vary depending on where you are buying and what type of home purchase you... (Read More)

Buying a home with an adjustable mortgage rate is like riding a roller coaster. There are ups and downs as the interest rates move up and down with the market. Five years ago, that roller coaster was more of a toddler-friendly ride. There were peaks... (Read More)