November 6, 2013
After making payments every month for the past 22 years, a good friend will achieve a major financial goal next month: he will be making his last mortgage payment. His house will be paid off, giving him complete ownership of his most important...
October 11, 2013
Foreclosure is easy. All you have to do is wait around in your home until the Final Judgment arrives and boots you out of the property. Short sales take a bit more...
September 9, 2013
Homeowners who can no longer afford to pay their mortgages consider bringing their financial lives under control with a short sale. For many, a short sale can result in stability without the severe consequences of foreclosure or bankruptcy....
July 23, 2013
The housing crisis of 2008 has made people question housing as an investment, and more and more Americans today are considering renting.
So how do you determine whether to rent of buy?
First, housing can’t be thought of as an...
June 28, 2013
Mortgage rates remain low by historical standards – ask any Baby Boomer about double-digit interest rates in the 1970s and 1980s – but they are climbing upward. So...
June 20, 2013
BOSTON (MainStreet) — Experts have long advised U.S. consumers who plan to stay put for a while to buy homes instead of renting, but Zillow.com found recently that the "...
June 19, 2013
Home prices are creeping up. So are mortgage interest rates. You’re thinking it’s now or never when it comes to buying house. But where are you going to come up with the down payment?The issue
The days of $0 down mortgages are over, so...
June 3, 2013
May 31, 2013
NEW YORK (MainStreet) — About 29 percent of all U.S. homeowners own their homes outright – that’s more than 21 million Americans, according to...
May 28, 2013
Hiring a real estate agent to sell your home is a delicate process. You need an agent who is not only experienced in your neighborhood,...