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 […]
Why An Emergency Fund Is Important: A Frozen AC Unit, Puddles And A Big Repair Bill
Having an emergency fund saved is important so that when problems do occur, they aren’t as bad as they could be. Here’s how our emergency fund helped us when our AC went out.
How And Why To Check Your Credit Score If You Plan On Buying A House
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?
Will A Short Sale Hurt Your Credit, And Will You Even Qualify For One?
A lot of people are finding themselves underwater in their homes and are considering a short sale to unload their home. But should they?
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.
Mortgage Quotes And The Highest Customer Satisfaction From Quicken Loans
Quicken Loans have been around for 25+ years, and have a solid record of good customer service. Are they a Mortgage company worthy of your time?
7 Ways To Save Money By Negotiating Rent
Negotiating rent prices can be an intimidating process. Most of us are used to the idea that we can negotiate the price of a home, car, or even our wages. However, when it comes to selecting a rental property, most of use look at that price as being set in stone. Last time, we took […]
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?
