by Broderick Perkins
It could be a good time to invest in real estate, given the abundance of foreclosures and other distressed properties with reduced prices.
It could also be a bad time to invest in real estate, if you don't know what you are doing.
There's the rub.
"It's a good time to invest, but it is difficult. Now when you go out to invest you are competing with a dozen offers. The ...
The Housing Market is Showing Signs of Life – Has Economic Recovery Begun?
Good news is pouring in from the U.S. housing market – both new and existing home sales are on the rise. Could this signal the beginning of the end of the economy's woes?
New Home Sales
According to the Commerce Department, new home sales grew by 11.0 percent in June from May figures to a seasonally adjusted ...
This Month in Real Estate: August 2009
$8,000 savings has drawn many to market
Globe Staff And Wire Services / September 17, 2009
The White House is considering extending an $8,000 tax credit for first-time home buyers, which has helped to boost sales by more than 1 million this year.
Spokesman Robert Gibbs said the administration’s economic team is evaluating the tax credit’s effect on new home ...
What is Covered Under Home Protection Plans?
By Elizabeth Weintraub, About.com
The last thing a home buyer wants to worry about after closing is what could possibly break or malfunction in her new home. Since that can cover a multitude of items and systems, for peace of mind, it's a good idea to get a home protection plan. It's especially a good idea to obtain a home warranty if you're a first-time ...
What are Title Insurance Policies - Do You Need Title Insurance?
By Elizabeth Weintraub, About.com
To understand title policy insurance in America, let's look at chain-of-title and how title companies search the public records. Title insurance companies aren't really concerned with where dinosaurs once roamed, whether our ancestors trekked across the Bering Straight or where American Indian tribes ...
By Steve Gillman
It's funny but no fun to buy a new home and then discover that snakes are regular visitors in the living room. And you don't want to move into a house with a leaky roof or a wet basement. Or discover that you picked the worst neighborhood in town - after you buy. To avoid surprises like these when buying a new home, you have to learn about the town, the neighborhood and the ...
What Is PMI?
PMI is extra insurance that lenders require from most homebuyers who obtain loans that are more than 80 percent of their new home's value. In other words, buyers with less than a 20 percent down payment are normally required to pay PMI.
Benefits of PMI
PMI plays an important role in the mortgage industry by protecting a lender against loss if a borrower defaults on a loan and by enabling ...
6 Things to Know Before You Buy That Short Sale House
The Wrong Short Sale House Might Not Ever Close
By Elizabeth Weintraub, About.com
When you spot a short sale house that interests you, take your hand off the mouse and step away from the computer. Before you get all excited over the prospect of buying that short sale house, pick up the phone and call your real estate agent. Your agent ...
Why Is My Appraisal Taking So Long?
By: Chris Jones
The Chris Jones Group
You go to get a loan. You get your documents together, sign the application, make sure the rate is good. Things are cruising along. And then…days go by. You hear nothing. And when you call your LO, he says “we’re waiting for your appraisal.” What? ...