A lot of information about interest-only loans has been flying around.We give you a helping hand getting to the bottom of some of it.
Some financial writers have put a big warning sign over interest-only loans; others have told people to dive right in. Which is correct? The answer, of course, is that it depends. A Realty Times article highlighted some key pieces of information that ...
Are You Ready to Make a Purchase Offer?
When Should You Make a Purchase Offer?
By Elizabeth Weintraub, About.com Guide
Not every buyer is ready to make an offer.
Making a purchase offer and actually buying a home are generally two different actions, but home buyers sometimes confuse the two. Especially in states such as California where the purchase offer is not the ...
8 signs of a real-estate rebound
Confused about whether the housing market is coming back? Look for these 8 indicators to determine whether there's good news ahead.
By Amy Fontinelle of Investopedia
Is the housing market on the verge of recovering? Is it recovering already? If you're not sure whether you believe the economists and pundits who think they can see the future, here ...
A recent MSN.com article gets you on the right track with a few first steps
You have been thinking about it for a while, maybe even gradually saving up for a down payment, when, finally, it dawns on you: you are ready to buy your first home. Since you obviously haven’t done this before, you may be asking yourself, “What now?” It may not be clear to you now, but the first ...
Whether you’re planning to buy or sell a home in 2010;watch out for these common mistakes.
For many, a new year may mean a home purchase or sale. If you’re planning on being on either side of the closing table in 2010, you will need to avoid these 10 deal-wreckers, as provided by MSN.com.
Not understanding the length of the process.
Buyers and sellers often err in ...
Making an offer is one of the most important steps in the home buying process. If you offer too much, the property might not meet the appraisal. This means you could have trouble getting a mortgage loan. On the other hand, if you offer too little for the home, the seller may reject it.
Here's the bottom line. If you make a real estate offer based on solid data and advice, you'll be less likely to ...
The home equity line of credit (HELOC) versus the home equity loan -- it's a common decision among homeowners who want to tap their real estate wealth. But which one is right for you? What are the pros and cons of each option? Those are the questions we will address in this article.
Let's start with a side-by-side comparison, so you can visualize the difference between the line of credit vs. the ...
Could a fixer-upper be the right house for you? Find a great fixer-upper and make it your dream home!
A recent Parade magazine article gave homebuyers tips on finding the right fixer-upper and making it into a dream home. It’s not as easy as you might think.
There are many reasons to buy a home that needs a little work over a new home or a home in top condition. Home improvement ...
Before You Buy a Home - Look at Eight Reasons to Buy a Home
If you're like most first-time home buyers, you've probably listened to friends', family's and coworkers' advice, many of whom are encouraging you to buy a home. However, you may still wonder if buying a home is the right thing to do. Relax. Having reservations is normal. The more you know about why you should buy a home, the less ...
Last-minute homebuyer tax credit tips
If you want to claim the first-time buyer credit, you'll have to hurry.
By Marcie Geffner of Bankrate.com
The clock is ticking on the federal homebuyer tax credit.
Homebuyers still have time to buy a home and meet the deadlines, but they will need to act soon and be proactive throughout the transaction.
The homebuyer tax credit is worth 10 ...
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