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 →
Don’t Make These Mistakes! Not Pre-Checking Credit One way to increase the chance of qualifying for a home loan is for a borrower to check his credit before applying. That way, he can address any issues before they become problems for the lender.
What Are The Closing Costs Of Real Estate? When purchasing a new home, there are more costs than just the down payment which are associated with closing. Here Is A List Of The Most Common Closing Costs: Titling Fees – These include the title search and title insurance, and the associated… read more →
No for-sale house is ever perfect. But some houses are in better shape and consequently easier to sell than others. If yours isn’t one of the stars, but you still need to sell it for the highest possibly price, it’s going to take more than low mortgage rates to attract a… read more →
Mortgage rates are moving below 4 percent for 30-year fixed conforming loans with balances below $417,000 for the first time since they spiked in June 2013. It’s not a huge move by the numbers, but psychologically it could be a major boost—potentially prompting a leap of faith for home buyers,… read more →
As potential buyers walk up to your home, the front porch should appear welcoming, entrancing and homey. If it’s dusty, barren and rotted, they may not make an offer. Thus, the best way to increase front porch appeal is to add natural elements to blend it with the yard. Here… read more →
The real estate market is once again in transition. Cash investors are beginning to fade, opening the door for more traditional home buyers, while fast-profit flippers are finding the deals harder to come by – but more profitable than ever. Home purchases made with all cash, representing mostly deals made… read more →
Death isn’t on the minds of most homeowners on closing day, because we all live forever, right? Unfortunately, no. Let’s face it: it’s really never too early to consider what happens to your mortgage should you pass away. The financial obligation of a home loan does linger after death. There’s… read more →
