You don’t need to be a world-class negotiator to nab a great deal on your dream home. More often, it’s a matter of knowing what not to say. One errant comment or paperwork misstep can compromise your negotiating position. Playing it close to the vest around home sellers and listing… read more →
If the idea of buying a house both scares and excites you, that’s how it should be. If you’re only intimidated or only enthusiastic, you’re probably going into the mortgage-buying process ill-informed. After all, in the years before the Great Recession, homebuyers weren’t intimidated at all. For quite a few… read more →
According to a recent survey of 2,000 homeowners the No. 1 turnoff for prospective homebuyers is the smell of cigarettes. After the smell of stale smoke, homeowners said their biggest home-shopping turnoffs included stained carpets, piles of junk, pet smells and a dirty bathroom. Besides smells and stains, homebuyers said… read more →
The American dream is all about homeownership, right? Actually, the real American dream seems to be about homeownership in a hugely impressive house with all the bells and whistles that’s all decked out and done to the nines and allows you to the keep up with the Joneses. But while… read more →
Deciphering your credit score can be difficult, especially if you don’t know all the ways you can be hurting it. Your credit is not only attached to your credit card use, but with many everyday financial activities. Here are five things that can hurt your credit, and ways to prevent… read more →
With the cost of everything rising, included are home renovations. Many couples headed to the altar have taken matters into their hands and come up with a creative new way to finance their new design. Instead of offering guests the typical choices, they sign up for an online cash-gift registry… read more →
Your credit report is essentially your financial report card. It serves as a way for banks, insurance and lending companies to gauge your credit-worthiness and whether you’re likely to miss payments or default on a loan. It’s also common for landlords, employers and government agencies to check your credit before… read more →
In the wake of the housing bubble’s collapse, FHA loans have taken on renewed importance for today’s mortgage borrowers Simply stated, an FHA loan is a mortgage insured by the Federal Housing Administration, a government agency within the U.S. Department of Housing and Urban Development. Borrowers with FHA loans pay… read more →