Articles in the ICI Spotlight category are also featured on the ICI Homes home page.
Piggyback mortgages that is, not the ride children love. Piggyback mortgages, a.k.a. second mortgages, are a loan that rides on top of your primary mortgage. In combination with your down payment, these mortgages allow you to avoid paying private mortgage insurance (PMI). They were extremely popular in the early 2000s …
If you thought buying your home was tough, selling your first home can be just as daunting. Make the process easier and more profitable by avoiding some common first-time home seller mistakes. Mistake 1: Emotional attachment Becoming emotionally detached from your home is one of the hardest things to do …
Home prices Thinking about buying a new home in the next few years? Moving up your timetable could save you money. As of February 2018, Zillow states home values have risen 7.6% in the last 12 months. It also predicts homes values will continue to rise another 3.5% in the …
Ever been on a relaxing vacation watching a glorious sunset and wished you could own your own vacation home? If so, you are not alone. According to the National Association of Realtors Vacation and Investment Home Sales: A breakdown for 2017, thousands of buyers felt the same way and turned …
Millions of Americans have been affected by a short sale, foreclosure or bankruptcy and may be afraid they will never be able to own a home again. Luckily, a derogatory credit item doesn’t mean an end to homeownership. Check out the chart below to view waiting periods, by loan type, …
An adjustable rate mortgage (ARM) is a mortgage that offers an introductory fixed rate for a limited period of time, then adjusts annually to reflect market conditions. This introductory rate is typically lower than a 30-year fixed rate. This can make ARM’s attractive options for the right buyer. We all …
If you’ve never built a new home from scratch, you may not know that it’s your responsibility to select all the interior finishes and materials when the time arrives to do that. Nope, that model home you’ve fallen for won’t be magically reproduced on your lot unless it’s exactly what …
After months of searching, you have finally found the right community, picked out the perfect lot, selected your dream floorplan and have even been pre-approved for a loan. Now, as you wait to close on your beautiful new home it may be tempting to shop for beautiful new things to …
In this informative piece from Ameris Bank, we learn how they can help you achieve your goal to be a homeowner. They have broken down saving into two easy steps to make saving simple. Learn More About Ameris Bank
The ICI Homes Design Center is where customers who are building homes from scratch, go to select all of their interior finishes and materials. It’s a comfy, well-lit studio environment filled with samples of all sorts and big tables to mix and match those samples for decision-making purposes. After all, …