Mid America Mortgage Blog

Pros and Cons of HOAs

condo community

While Home Owners Associations (HOAs) can provide a variety of benefits for homeowners and communities, they can have a few drawbacks as well. Plus, not all HOAs are created equal—get stuck with the wrong one and it could cause a lot of frustration. In today’s post, we’ll review the most common benefits and drawbacks of living in an HOA-managed community. We’ll also offer a few tips on how to avoid buying a home with a less-than-desirable HOA.

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Click n’ Close Ready For Hometown Race With Richard Petty Motorsports And Bubba Wallace

Official Mortgage Provider of NASCAR and RPM to Support Wallace Jr WELCOME, N.C. (April 4, 2018) – Click n’ Close, the Official Mortgage Provider of NASCAR® and Richard Petty Motorsports (RPM), returns as the primary sponsor of Darrell “Bubba” Wallace Jr and the No. 43 Chevrolet Camaro ZL1 this weekend during the O’Reilly Auto Parts 500 at the Texas Motor Speedway. The race weekend is a homecoming for Click n’ Close, whose company headquarters are located in Addison, Texas. Wallace Jr will visit the offices on Thursday before preparing for the weekend’s event. Click n’ Close and RPM announced their

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Total Housing Starts Down as Multifamily Segment Falls

home builder on frame of house

A drop in multifamily housing starts shrunk overall housing starts 7.0 percent in February, bringing the total to a seasonally adjusted annual rate of 1.24 million units, according to recently released data from the U.S. Department of Housing and Urban Development (HUD) and the Commerce Department. According to a March 16 press release from the National Association of Home Builders (NAHB), multifamily home production dropped 26.1 percent to a seasonally adjusted annual rate of 334,000 units. This comes after exceptionally high figures in January. Meanwhile, the report reveals single-family starts posted a 2.9 percent gain to 902,000 units.

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