Online Home Searches: Convenient, But Not Always Accurate

These days, the first thing many Americans do when they decide they want to buy a home is search for real estate online. In fact, over 80% of homebuyers start their search for a home on the Internet, according to the National Association of Realtors. … [Read more...]

Your Down Payment: Sources of Cash to Buy Your First Home

Want to buy a home? Nine times out of 10, you’re going to need a down payment. Only VA loan programs for qualified veterans and active military personnel offer loans with no down payment. And even if your lender doesn’t require it, a down … [Read more...]

Why We Bought a House, and Why We Bought It Now

When is the right time to buy a house? Certainly not when you've got a brand-new baby commanding every waking second of your time. But that's exactly what we did. We just became new parents, and we’re buying a home. We close in ten days. But … [Read more...]

Bank Owned Homes: Should You Buy a Foreclosed Property?

Bank owned homes are still flooding our nation’s real estate market. For buyers who can handle risk, some are incredible deals. But if you’re gearing up to buy your first home, take a hard look at whether buying a foreclosed property is a good … [Read more...]

Four Tips to Make Moving Easier

One in six Americans move every year, according to the U.S. Census Bureau. And, of course, we twentysomethings move more often than everybody 30 and older. It doesn’t matter whether you’re moving from one rental to the next, moving in to your … [Read more...]

How to Shop for a Mortgage: 7 Steps to Finding the Perfect Home Loan

Photo by woodleywonderworks. Every week, I see home buyers make the same expensive mistake: they simply don’t shop around for a mortgage. It’s a shame. When you buy a home, getting the right mortgage loan is just as important as the right … [Read more...]

The Claim: Healthcare Law Will Create a 3.8% Real Estate Tax in 2013

Earlier this year, a number of similar, frequently-forwarded emails frightened a lot of people. Here's a snippet of one: This should help stimulate the Real Estate market! UNDER THE NEW HEALTH CARE BILL - DID YOU KNOW THAT ALL REAL ESTATE … [Read more...]

How to Qualify for an FHA Loan

Many people think that FHA mortgage loans are only for first time homebuyers. Although FHA loans can be a great option for first time homebuyers, they can be used for many other purposes. Knowing the benefits and drawbacks as well as requirements to … [Read more...]

Seller Carry Backs: Finance a Home Without a Mortgage

Most people have never even heard of a seller carry back, yet it can really pay to understand this real estate strategy. What is a seller carry back, anyway? A seller carry back is simply owner-provided financing. You may also see this advertised as … [Read more...]

Home Buyers: How’s Your Future ‘Hood?

Photo by pbo31.If you’re on the road to buying a home, life is about to get busier. You’ll need to choose a Realtor, tour homes, get mortgage pre-approval, and make offers. With all that to keep track of, don’t miss one of the most important … [Read more...]