Interest Rates hit a New Low, Defining APR, Differences Between Townhomes and Condos

Interest rates reached their lowest point all year this week and that may spur the market a bit for home buyers. What could make a real estate transaction illegal? Property taxes are getting even higher for some homeowners. What is APR and how does it impact buyers? Why would home buyers decide to cancel a deal? Is there still big demand for townhomes or condos? What is the difference between the two? What is the average monthly HOA fee for townhomes and condos right now? Any questions ask Ryan O'Neil and Scott Wollmering of Re/Max Advantage Plus. You can reach them at 612-294-6949 and call Mike Ouverson with luminate home loans at 612-202-8321. And call Steve Stalock of WIN Home Inspections at 952-891-4455. Help the O’Neill Foundation of Hope at oneillhope.org.