For many aspiring homeowners, securing a mortgage is a vital step toward fulfilling the dream of owning a home. However, not everyone can afford a large down payment. Thus, leading to including Private Mortgage Insurance (PMI) in the mortgage agreement. In this article, we will explore what PMI is, how it works, its benefits, and […]
What is Private Mortgage Insurance (PMI)? Read More »
Purchasing a home is a significant milestone for individuals and families, but financial constraints often pose a challenge. Fortunately, multiple programs can help you. The United States Department of Agriculture (USDA) offers a loan program that provides a viable solution to aspiring homeowners in Massachusetts. In this article, we will explore the eligibility requirements and
USDA Loans in Massachusetts: Path to Affordable Homeownership Read More »
Imagine this: you’ve found your dream home, the one that checks all your boxes and fills you with excitement for the future. You can already picture yourself relaxing in the backyard or cooking up a storm in the kitchen of your dreams. But before you can fully enjoy the rewards of homeownership, there’s one big
Mortgage Application Process: Step by Step Read More »
If you’re in the market for a new home and considering the Greater Boston area, Revere, MA, might just be the perfect location for you. Located just a stone’s throw from the city, Revere offers all the benefits of suburban living while still providing easy access to Boston’s vibrant culture and job opportunities. In this
7 Reasons to Buy a House in Revere, MA Read More »
The U.S. Department of Housing and Urban Development (HUD) recently announced a new policy that extends the loan modification term to forty years for certain Federal Housing Administration (FHA) loans. This policy is aimed at helping homeowners who are currently struggling to make their mortgage payments. By extending the loan modification term, HUD hopes to
How to Get a 40-Year Mortgage? Read More »
Are you thinking of selling your home but feeling intimidated by the process? While you may be tempted to save a few bucks by doing it on your own, there are significant benefits to using a real estate agent. Real estate agents bring a wealth of knowledge and expertise to the table, which can help
Benefits of Selling a House with a Real Estate Agent Read More »
The Guide on How to Buy a Foreclosed Home Before the mortgage crisis that took place between 2007 and 2009, purchasing a foreclosed home was a challenging task. Prospective buyers had to navigate through complicated processes, such as following auctions held at courthouses or sorting through extensive legal paperwork. However, as a response to the
How to Buy a Foreclosed Home? Read More »
Owning and managing rental properties can be a lucrative venture that provides numerous benefits. Becoming a landlord provides passive income, potential tax deductions, long-term security, and a way to fund other investments. With careful planning and the right tools, anyone can make their dream of becoming a successful landlord come true. However, before you take
How to Become a Landlord? The Ultimate 10-Step Guide Read More »
Looking to buy a home but don’t have a social security number? This guide will show you how to buy a house with an ITIN instead of a Social Security Number. Homeownership is an essential part of the American dream, but for many, it can seem out of reach. The good news is that with
How To Buy a House with an ITIN Number Read More »
Home equity is an indispensable financial resource for homeowners. As a starting point, let’s define “home equity.” Equity is the value of the home minus the mortgage loan. Home equity refers to the amount of equity you own in a home as opposed to the lender’s interest. Your home equity is the difference between the
What is Home Equity and How to Use Yours in 2023 Read More »
Broad Sound Real Estate supports the principles of the Fair Housing Act and the Equal Opportunity Act.
Operated by a subsidiary of Realogy Brokerage Services.
Real Estate Agents affiliated with Broad Sound Real Estate are independent contractor sales associates and are not employees of the company. For more information, contact info@broadsoundre.com
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