The pace of foreclosures is decline, and the “serious default rate” is at a five-year low, according to The Street….
Tag: buying a house
One of the biggest decisions you’ll make for your finances is getting a mortgage. If you decide to buy a…
We hear a lot about the importance of your credit score, but what does it really mean anyway? In short:…
Homeownership has always been a central part of the American Dream…and it’s practically never been more affordable than right now….
It’s true, mortgage rates are the lowest they have ever been, at least in this writer’s lifetime. With this in…
Hoping to take advantage of the distressed real estate market and get a great deal on a new home? In many parts of the country, there are more homes for sale than there are potential buyers, putting you squarely in the driver’s seat when looking to purchase a house. There is no precise definition of a “lowball” offer, but it is generally understood to mean a price that is substantially below the asking price or even market value.
To help you find your dream home at a discount, consider the following tips for making a lowball offer.
Considering paying cash for your dream home? So are more and more people. The number of all-cash deals has risen 25 percent from a year ago, making up 30 percent of May 2011 home sales, according to the National Association of Realtors. These all-cash buyers are typically either trading down for retirement, investors or wealthy folks. Learn the pros and cons of paying cash for a home, and where this is an option for you.
Since the housing bubble burst more than two years ago, families all across America have been holding onto to their houses. Many who considered selling decided to wait, which is good because many who considered buying decided to wait, too. But there are some indications the real estate market is beginning to recover. Depending on where you live, now may be a good time to think about buying (or selling) a home.
If you’re thinking about selling your home, you’re undoubtedly thinking about the sale price of your home, too. If you don’t know already, you’re probably wondering what your home is worth. Maybe you’ve talked to a Realtor, he’s done a market analysis and come back to you with a suggested sale price. Are you happy with that price? If you’d like to add a few more dollars, here are some things you can do to increase the re-sale value of your home.
Not sure what it takes to get a home loan today? Home Loan Expert, Eric Ehrhardt, covers the most important basics – credit, equity, income and assets – so when you’re ready to buy your dream home or refinance your existing home, you’ll have everything you need to qualify and move through the mortgage process with ease.
Get the inside scoop from a mortgage industry veteran about buying a home and what you should do – and what you shouldn’t – to ensure a smooth and quick mortgage experience.