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November 2009 - Posts

What Your Remodeling Contract Should Say Review your remodeling contract carefully and adjust it to make sure it protects you in terms of payments, work schedules, and project specifications. Read 5 Essential Questions to Ask Before Hiring a Contractor Read More...
If you’re in the market for a home, the world is your oyster. Interest rates are at record lows. Housing prices in many parts of the country are still depressed. And you may be eligible for a generous tax break, even if the home you buy isn’t Read More...
Strong property sales in the Sarasota market in October 2009 continued to provide ample evidence of a market in recovery, with overall sales nearly 36 percent higher than October 2008. Total sales stood at 574 in October, compared to 364 total sales in Read More...
The new law extends the tax credit for first-time home buyers and opens it up to some existing homeowners as well: The credit is now up to $8,000 for first-time buyers and up to $6,500 for repeat buyers. All buyers must have a binding contract on a house Read More...
To the great relief of many people, both inside and outside the real estate industry, it seems like the worst part of the sagging real estate market could be behind us. It’s dangerous business attempting to foretell market movements (see below) Read More...
Short sales are not new. Lenders have been doing them for years. However, due to the increase in mortgage delinquency due to our current economic situation, the lenders are now inundated with request for short sales. Bank of America, Chase and Wells Fargo Read More...
Changing or amending one or several aspects of a mortgage agreement is called loan modification . Loan modification is normally used by mortgage companies to help mortgage holders but can be used to alter the terms of any loan or debt obligation. Over Read More...
After years of saving, you are finally ready to purchase a home. You are excited, and have mustered up the courage it takes to make the big step of buying your first home. However, you are nervous because you aren’t sure you know everything you Read More...
Purchasing a home can be overwhelming and confusing especially for first-time home buyers. Here are some tips to help the home buying consumer obtain the best mortgage . To start, the home buyer should obtain information from several lenders. Real estate Read More...
Having a good real estate agent can make sure that you are getting the most out of your real estate experience. Unfortunately, not all real estate agents out there have the qualifications that you may need or could be looking for. to find the best and Read More...
Can you be able to save money selling your home by owner or should you go with a real estate agent ? Question Number One: Do you have more vacant time sell it yourself. To think that you have to deal with many obligations such as work, children, family Read More...
If you are planning on purchasing a home in the next couple of years, the one thing you may be concerned about is coming up with the down payment on your home. Although the down payment is only a percentage of the cost of the home you buy, it can still Read More...
How Do I Pay My Reverse Mortgage Back? You will need to pay your reverse mortgage back when the last survivor moves out of the home or passes away, all borrowers permanently move from the home, you stop paying property taxes or home insurance, or the Read More...
In a time of financial crisis many individuals find themselves reflecting on their financial situation, especially in regards to the fluctuating housing market . No individual wants to lose their home but the search for solutions to stop foreclosure seem Read More...
The Boy Scouts’ motto is “Be prepared!” It’s also great advice for first-time home buyers. Purchasing a home is one of the biggest decisions you’ll ever make, so it’s important to be prepared. Here are some things to Read More...
Many people dream of buying their dream property . When people are looking to buy a nice piece of property, it can often be confusing figuring out if they are getting a good price. Everyone wants to get a good deal on property, especially during these Read More...
Lenders have been doing them for years. However, due to the increase in mortgage delinquency due to our current economic situation, the lenders are now overwhelmed with request for short sales. Lenders have been very slow in their response to short sale Read More...
Top 3 Real Estate Mortgage Scams: What You Need to Know Being a homeowner is one of the biggest dreams for the American people. Due to record numbers of homeownership and cheap mortgage rates, individuals who did not own a home previously are now looking Read More...
The ideal of homeownership may have lost its attraction to the millions of underwater owners who have lost homes during the housing meltdown. But it is never too soon for folks who have given up their homes to start pointing to the day when they will Read More...