Tag Archive for: townhouse

What Is a Townhouse?

Townhouses offer the perfect balance between privacy and convenience, combining the feel of a single family home with the efficiency of shared community living. This guide explores everything you need to know about townhouse living—from how these homes are structured to what HOA fees include and how maintenance responsibilities are divided. You’ll also learn the pros and cons of townhouse ownership, how much living space to expect, and what amenities, such as pools, gyms, and common areas, often come with the lifestyle. Whether you’re a first-time buyer, downsizer, or investor, this detailed look at the townhouse style will help you decide if it’s right for your long-term goals. At the end, discover how JVM Lending can support your homeownership journey with personalized guidance and a seamless mortgage experience—helping you make confident, informed choices about your future home.Read More

What Agents Should Do First Before Listing Or Offering On A Condo

This Is the First Thing Every Agent Should Do Before Listing or Offering on a Condo: Make sure the complex/HOA is “warrantable” or approved for financing by Fannie Mae and/or Freddie Mac.Read More

More Mortgage Concepts Every Agent Should Know

There are three primary channels through which borrowers can obtain mortgage loans: (1) commercial banks and credit unions; (2) mortgage banks; and (3) mortgage brokers. Commercial banks like Chase and Wells Fargo hold deposits, offer checking accounts, make commercial loans (and do all traditional “banking” activities) as well as offer mortgage loans. They also hold loans in their portfolios.Read More

How To Buy A Duplex With A Mortgage

Are you considering investing in a duplex? This unique housing option offers an array of benefits, from potential rental income to the opportunity for multi-generational living. In this comprehensive guide, we'll walk you through the process of buying a duplex with a mortgage, providing valuable insights and answering commonly asked questions along the way.Read More