Trying to decide whether building a new home or buying an existing house is a good “problem” to have, since either one is a path to the advantages of homeownership. There are pros and cons to each, of course, and your individual circumstances are factors in your decision as well. (There’s even a hybrid choice: Buying a brand-new home that’s already been built by a custom home builder!) Since buying any type of home is likely to be the single largest financial transaction you may ever make,
There are more than 330,000 communities in the United States governed by a homeowners association (HOA), according to the Community Associations Institute, and research shows that more than three-quarters of these homeowner report a positive experience with their associations. While buying an existing or new construction home in a community with an HOA isn’t for everyone,
If you’ve considered becoming a first-time homeowner or building your first home but aren’t sure it’s right for you—or don’t know where to begin—think about making 2019 the year you start on the path to homeownership. The information below can help you make a New Year’s resolution that you’ll want to stick to!