Buyer's Guide To Frequently Asked Questions and Explanations

Advantages of Buying Owning v. Renting
Tax Benefits of Ownership
Tax Benefits of Selling
Maintenance and Other Costs
What is a mortgage?
Getting a Mortgage Fixed or Adjustable?
Fixed Rate Mortgages
Adjustable Rate Mortgages (ARMs)
15 or 30 Year Terms
Understanding Points
Other Lenders Fees, Credit Reports, Appraisals
Renting and Inflation
Locating a Lender; Shopping for a Mortgage
Traits of Good Lenders
Loan Prequalification and Preapproval
Mortgage Payments; How a mortgage works
Down Payments and Private Mortgage Insurance
Closing Costs
Homeowner's Insurance
PMI/Mortgage Insurance
Property Taxes