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Forecasting 2009 - 2010 Home Prices
Credit crises is plummeting real estate values all across U.S. and it is not allowing home prices to move up any time soon. So when is it a good time to sell a home or buy a home?
How to Profit From Foreclosures
In this day and age, we have thousands of ways to turn a hefty profit. Sadly, the majority of people who try their newest scheme to get some quick cash end up being duped and losing their money.
Understanding Escrow
When we talk about escrow as it relates to mortgages and real estate we are actually talking about two different topics that concern home buyers: the closing of the sale on a house (referred to as escrow) and the mortgage escrow account (a fund set aside for on-going expenses while the lender holds the note on your house). Let's take a brief look at both of these concepts so you can be better prepared when you decide to buy your first home and take on a mortgage.
Four Mistakes Home Buyers Make
Buying a home is part of the American dream - and for millions of Americans, that dream becomes a reality every year. Unfortunately, for every dream that comes true there are those that silently fade out. Home buyers, especially those buying their first house, can make a lot of mistakes in the process if they aren't careful or don't have a good resource (such as a knowledgeable friend) to go to for advice.
Is Now the Time to Buy? Taking Advantage of the Housing Slump
Despite the current downward trend of the housing market and the tightening of credit standards by mortgage lenders, many in the industry agree that now may be the perfect time to buy for those who have been waiting for bargains in the housing industry. Record numbers of unsold houses sitting on the market, plus a record number of foreclosures, mean that there are a number of properties that just a few short years ago may have been outside of your price range that you can now comfortably afford.
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