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How Much House Can You Afford To Buy? Should You Buy Less Than Your Means Allow?

How Much House Can You Afford To Buy?

How much house can you afford if you want to keep yourself in a sound financial position? How much should you spend if you also want to build wealth?

What Does It Cost To Sell A House? How Much Can You Expect To Pay In Fees, Commissions And Taxes?

When you add it all up, selling a home can cost thousands of dollars in commissions, fees, taxes and other costs. Here’s what costs to expect when selling your house.

4 Reasons Why You Might Have Problems Buying A House Despite Low Rates

The economy is still in the doldrums, but one of the side effects has been that the rates on home mortgages are at their lowest levels ever.  Last week 30 30-year fixed mortgages reached historic lows when they breached an average of 3.53%.  Not only that, but 15-year fixed mortgages averaged only 2.83%!  From the […]

How And Why To Check Your Credit Score If You Plan On Buying A House

Credit Score Impact On Mortgage Rate

When buying a new home it is important to monitor your credit situation as credit scores from FICO or other agencies can have a big impact on what mortgage rate you receive.

Government Foreclosure Settlement Means Homeowners Could Get Reduced Principal, A Refinance Or Compensation

The government just announced a settlement with 5 major banks that will mean some homeowners will now be eligible to receive reductions in principal, a refinance or compensation.

Trying To Buy A New House When Your Current Home Is Underwater

Trying to find a new house when your current house is underwater presents a big challenge. Here are some options of what you can do when you end up in that situation.

Will You Have To Pay Taxes On Forgiven Mortgage Debt Or Principal Reduction After A Foreclosure Or Short Sale?

When you have mortgage debt forgiven due to a short sale or foreclosure, will you be liable to pay for the forgiven amount when it comes to tax time?

2011 Changes To Home Affordable Refinance Program (HARP) Coming Soon

The Obama administration has announced changes to HARP program eligibility rules to allow more borrowers to become eligible to refinance.

Mortgage Junk Mail: How To Evaluate Direct Mail Refinance Offers

For anyone who owns a home, it’s practically impossible to avoid junk mail related to refinancing the property. Are any of those offers legitimate?

Mortgage Bail-Out For Homeowners Struggling To Make Mortgage Payments: The Emergency Homeowner Loan Program

The government has just launched “The Emergency Homeowner Loan Program” which gives help to those struggling to make mortgage payments.

Is Homeownership A Right?

Has home ownership gone from being a privilege for those who work hard and save up, to becoming a right for everyone?

Mortgage Quotes And Costco Discounts From CapWest Mortgage

CapWest Mortgage is a subsidiary of Farmers Bank & Trust, founded in 1907 as a small local bank in a central Kansas town. Are they a solid Mortgage company?

Is It Ok To Walk Away From Your Underwater Mortgage? [Infographic]

More than 11 million families are in “negative equity”, they owe more on their home than it is worth. Is it OK for them to walk away from their mortgage?

Mortgage Applications Rise Even As Rates Inch Up. Is It Time To Buy Or Refinance?

The real estate market was hit hard in the recent downturn. But not all is lost. Rates are low, and home prices are down. Buying a house? You’re in luck.

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