If you are nearing retirement, a reverse mortgage might be right for you. This type of mortgage essentially allows you to turn your home equity into cash. If you find yourself with little money, a reverse mortgage could be the perfect solution, and here’s why.
A Quick Guide to Assessing Your Home’s Foundation for Cracks – And What to Do if You Find Them
When choosing a property, the following tips can help homebuyers find signs of foundation problems and take the right action if any are found.
Mortgage Budgeting 101: How to Determine What You Can and Can’t Afford
When taking on a new mortgage it is important to know that you can afford to carry the debt load involved, as many people find themselves in financial trouble by spending more on real estate than they can comfortably maintain.
What’s Ahead For Mortgage Rates This Week – July 7, 2014
Last week’s economic news was mixed, but economic reports for Non-Farm Payrolls and the National Unemployment rate suggest a strengthening labor sector. Pending Home Sales surpassed expectations in May and conversely, construction spending was lower than expected.
Buying or Selling, Here Are Three Traits You’ll Want in Your Real Estate Agent
For both buyers and sellers, choosing the right real estate agent is an important and difficult decision, but getting this selection right one is critical.
Giving and Getting: Why the Terms of a Home’s Sale Are Far More Important Than the Price Paid
One of the most significant factors home buyers and sellers focus on when buying real estate is the negotiated sales price in the purchase contract. While the sales price is undeniably important, the reality is that other terms in the sales contract may have more far-reaching and significant effects on the transaction.
Understanding the ‘Qualified Mortgage’ or QM and Why It’s Important to New Home Buyers
Are you shopping for a home or a new mortgage? If you are interested in finding the best possible financial product, it is important to consider the benefits of selecting a Qualified Mortgage.
What’s Ahead For Mortgage Rates This Week – June 30, 2014
Last week brought several economic and housing sector reports including Existing Home Sales, Case-Shiller and FHFA home prices for April, as well as New Home Sales.
A Guide to Selecting a Home and Property That Will Suit Your Growing Family
Both seasoned homeowners and first-time buyers know making the decision to purchase a new home is not one that is taken lightly.
Case-Shiller: Home Price Growth Slows in April
The S&P Case-Shiller Index for April shows that while home prices continue to grow, they are doing so at a slower pace as compared to April 2013.
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