Buying a condo is not the same as buying a home

Stringent lending policies and the escalating costs of home ownership have led many prospective home buyers to consider condominiums instead of single-family homes. Condos are typically less expensive than single-family homes, which makes lenders and borrowers alike feel more comfortable. Lenders feel better because the loans aren’t as large, while borrowers are more comfortable because …

BUSINESS BRIEFS

Kathy Lo Bue, managing director at Glen Eagle Advisors, Freehold, will host Walter O’Brien, CPA, from 7-9 p.m. Jan. 13 at St. Robert Bellarmine Parish Center, 61 Georgia Road, Freehold Township. “How to Become Financially, Physically and Spiritually Fit in All Areas of Your Life” is a free and non-sectarian event open to the community. …

Unequal DUI laws

Q&A with Sharon Peters Q: My nephew has been picked up for driving impaired at least four times. Very little in the way of punishment ever happens. And still he drives. In my part of the country, he would have lost his license years ago, and probably would have done time. He lives in Pennsylvania. …

Master of the house

By Marilyn Melia Kennedy CTW Features Single-family homes make up a significant portion of the rental market. But before investing in a property, be aware of what awaits in the land of landlords Looking into being a landlord? No longer can homebuyers count on purchasing now and selling for a profit later. Instead, buyers wanting …

Home shopping 101

By Marilyn Kennedy Melia CTW Features Buying a home is unlike any other purchase. Here’s how to stay focused while on the house hunt. Home buying ranks as the biggest purchase most people make, not just measured by dollars, but by decisions. When buyers reach the closing table, it’s the culmination of many carefully weighed …