Unless you’re wealthy enough to be a cash buyer, purchasing a home will inevitably require getting a mortgage. But, there’s more to mortgages than you might think. Depending on your circumstances and qualifications, there are actually five different types of mortgage financing. They include conventional mortgages, jumbo mortgages, government-insured mortgages, fixed-rate mortgages and adjustable-rate mortgages Read More...
New Mortgage Rules: Will They Affect You?
October 4th, 2013
New mortgage lending rules issued by the Consumer Financial Protection Bureau will go into effect in 2014. These rules are intended to protect borrowers from some of the problematic lending standards of the past. But, while created as a consumer protection, these new rules could actually make it harder for some people to qualify for a mortgage Read More...
Just Listed: The White House
September 25th, 2013
No, the White House is not for sale. But, the information website, Zillow, recently listed the current value of this iconic residence at $319 million. If the home of our chief executive was for sale, and if you were buying, a few special features might be of interest. The home includes 16 bedrooms, 35 bathrooms and 55,000 square feet of living space Read More...
Mortgage Interest Rates are On the Rise
August 19th, 2013
Mortgage interest rates are going up – which means your monthly mortgage payment will be rising too. If you’re considering buying a home, keep track of the rates and know when you reach your ‘trigger point.” That’s the point where you need to make your move and lock in a mortgage rate before it goes higher and puts your dream home out of reach Read More...
Meet Kathi Coletti of Vanguard Realty Associates
August 9th, 2013
When you buy a Sal Paone home, you have the option to work with Vanguard Realty Associates, a firm that has done an excellent job for our buyers. Vanguard is a small, boutique firm operating under the direction of Kathi Colletti, a broker with more than 25 years experience. Kathi and her staff work hard to help our buyers have an amazing and enjoyable experience as they make the biggest purchase of their lives Read More...
RENT vs BUY
November 27th, 2012
For most people, a home is the most expensive personal asset that they will ever own. It is therefore very important that one looks at the choice of rent vs buy from every angle before deciding between the two. Consider: Current Housing Market, Compare the Cost and the Low Interest Rates. The current market is favoring buyers with interest rates and ARP that are still very low Read More...
About Us
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Sal Paone, Montgomery county pa residential home builder, headquartered in Spring House, Pa., has long been recognized as one of the Greater Philadelphia area’s premier custom builders.
Visit SalPaoneBuilder.com for more information.
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