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One of the Top Reasons to Own a Home




One of the Top Reasons to Own a Home | Bridge BuildersOne of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on the home. The difference between the value of the home and what you owe is called equity.

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What Buyers Need to Know About HOAs




What Buyers Need to Know About HOAs | Bridge BuildersWhen searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you.

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Things to Avoid After Applying for a Mortgage




Things to Avoid After Applying for a Mortgage | Bridge BuildersCongratulations! You’ve found a home to buy and have applied for a mortgage! You're undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who will be able to tell you how your decisions will impact your home loan.

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6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC]




6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC] | Bridge Builders

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What Is the Probability That Home Values Sink?




What is the Probability that Home Values Sink? | Bridge BuildersWith the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective.

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