Home Improvement and Interior Design Discussion Blog

Planned unit developments (PUDs) typically are detached homes with small yards or patios. Sometimes only a few feet separate the homes. Though privacy is at a premium, their biggest selling feature is their competitive pricing. Simply put, the...

One caveat is that, in some areas, the seller of a co-op doesn’t have to provide a disclosure form detailing the condition of the unit. That’s because the seller is selling stock, not real estate, so disclosure rules don’t apply. This presents a...

Because co-ops are corporations, a co-op board, or board of directors, runs the show. It sets the rules and can determine who is allowed to buy shares and what improvements can be made to the units. For some people, that’s an attractive feature; they...

No-doc loans are another casualty of the recent mortgage meltdown. Essentially, a no-doc loan is a mortgage for borrowers who have good credit and income, but who can’t qualify using standard underwriting income rations. Originally intended for a...

Because they had a pre-approval letter from the bank, the seller decided to take a chance on them and agreed to go with no down payment if the buyers would pay any closing costs except for the seller’s title policy. The sale closed two weeks later,...