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How does a condo mortgage work? What is a warrantable vs. non-warrantable condo?
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·1 min read

It is great to own a condo. You wan't have to handle exterior property maintenance, [taking care of the pool, roof, cutting the grass etc], it will all be in your monthly maintenance. You will enjoy all the amenities with no worries. But... please read the article to learn and educate yourself before buying a condominium and give me a call if you have a questions. 

What you should know

 

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no image for story, US home prices are projected to increase 5% this year, up from the previous
forecast of 1.9%, Goldman Sachs Research’s Roger Ashworth, senior strategist on
the structured credit team, and analyst Vinay Viswanathan write in the team’s
report. In 2025, prices are expected to rise 3.7%, compared with the earlier
forecast of 2.8%. Those forecasts are underpinned in part by signs of momentum
in housing prices.
US home prices are projected to increase 5% this year, up from the previous forecast of 1.9%, Goldman Sachs Research’s Roger Ashworth, senior strategist on the structured credit team, and analyst Vinay Viswanathan write in the team’s report. In 2025, prices are expected to rise 3.7%, compared with the earlier forecast of 2.8%. Those forecasts are underpinned in part by signs of momentum in housing prices.

https://www.goldmansachs.com/intelligence/pages/us-home-prices-forecast-to-climb-as-mortgage-rates-fall-in-2024.html?chl=ps&plt=bi&cid=638280346&agp=1316117710182211&kid=housing%20market&mtype=p&msclkid=cb77713ccbad18814a4014caf0889783&&msclkid=cb77713ccbad18814a4014caf0889783&utm_source=bing&utm_medium=cpc&utm_campaign=CPB_CBA_IntelligenceSourceOfChoice_UNB_NA_AMRS_USA_SEM_BING_AWR_O-44S2Z_253_2023&utm_term=housing%20market&utm_content=CPB_CBA_UNB_Intelligence_AMRS_USA_RSA_Housing&gclid=cb77713ccbad18814a4014caf0889783&gclsrc=3p.ds [https://www.goldmansachs.com/intelligence/pages/us-home-prices-forecast-to-climb-as-mortgage-rates-fall-in-2024.html?chl=ps&plt=bi&cid=638280346&agp=1316117710182211&kid=housing%20market&mtype=p&msclkid=cb77713ccbad18814a4014caf0889783&&msclkid=cb77713ccbad18814a4014caf0889783&utm_source=bing&utm_medium=cpc&utm_campaign=CPB_CBA_IntelligenceSourceOfChoice_UNB_NA_AMRS_USA_SEM_BING_AWR_O-44S2Z_253_2023&utm_term=housing%20market&utm_content=CPB_CBA_UNB_Intelligence_AMRS_USA_RSA_Housing&gclid=cb77713ccbad18814a4014caf0889783&gclsrc=3p.ds]

·1 min read