Home Buying
Buying Your Pre-Construction Condo
Tweet In some areas of the country, the condominium market has crashed as a huge surplus of defaulted or unsold homes has wreaked havoc on the market. One market that
Lease Options Leading To Home Ownership
Tweet Most certainly, the national real estate landscape has quieted, with home prices and sales down over the past year. Even with the reduced mortgage rates, many people will find
Second Homes Equal One-Third Of Sales
Tweet The overall decline in the housing market has impacted the purchase of second homes, whether used for vacation or investment purposes, but the fact remains that one-third of all
Home Buying 7-Step Plan, Step 7
Tweet This is the final article in our home buying series. Hooray, you’ve finished the deal and are ready to move in! The house is yours and all you have
Second Homes: Mull This One Over
Tweet This article is one in a series of occasional articles discussing the purchase of a second home whether for vacation or investment purposes. I mentioned last week that the
Home Buying 7-Step Plan, Step 6
Tweet Closing Your Home The big day has arrived: your new home will officially be yours once closing has been completed. If you time everything right, you can begin moving
The Second Home Market Is Hot!
Tweet This article is the first in a series of occasional articles discussing the purchase of a second home whether for vacation or investment purposes. If you are in the
Home Buying 7-Step Plan, Step 5
Tweet Financing Your Home Prior to 2007, at least for the first several years of this decade, qualifying for a mortgage wasn’t nearly as difficult as it is today. Mortgage
REOs — Are They Worth It?
Tweet Home buyers looking for a bargain are taking a close look at the housing market and are witnessing some unique opportunities. For one, prices have fallen — dramatically so
Home Buying 7-Step Plan, Step 4
Tweet Understanding Escrow Congratulations, you found the home of your dreams and are ready to put some money down and finance the rest. Getting approved for a mortgage (assuming you
Home Buying 7-Step Plan, Step 3
Tweet Negotiating the Offer You’re ready to start shopping for a home, understanding that mortgage rates are low and the housing market has cooled. As a buyer, this could be
Housing Prices: Bottoming Out or Still Falling?
Tweet Quick: Home prices have bottomed out or they could still drop an additional 25%. Depending on what you read and whom you believe, you will hear diverging, even contradictory
January Home Sales Drop, But Beat Expectations
Tweet For January 2008, U.S. home sales dropped by 0.4% to an annual pace of 4.89 million homes. According to the National Association of Realtors, which tracks home sales, the
Home Buying 7-Step Plan, Step 2
Tweet Taking the Next Step: Finding A Home There are two big reasons why many consumers are thinking about buying a home today: the weather is getting warmer and mortgage
Explaining Your Loan Qualifying Ratios
Tweet If you are planning to refinance your home, get your first mortgage, or apply for any other type of consumer credit, your housing and debt-income ratios will be tightly
