It pays to start with a solid strategy when you have to house hunt from afar. Hunting for a house is stressful enough even if you are moving to another part of town. However, when you are searching for a house from afar, it can make the task of finding t
Jun 09, 2018 |
For many Americans, retirement age is fast approaching or already here: Baby Boomers account for nearly 75 million individuals in the United States. Retirement can present a lot of opportunities, especially when it comes to relaxation, activities, and th
Jun 08, 2018 |
On the surface, a short sale seems like the perfect deal. However, before you take the plunge, you need to understand how this type of home purchase works. What Is a Short Sale? A short sale is a home sale in which the homeowner is selling the home for l
Jun 07, 2018 |
Years ago, a 20% down payment was a requirement for obtaining a mortgage loan. Putting that much money down made it less likely that borrowers would simply default on their home loans and gave lenders a measure of security and collateral in the case of fo
Jun 07, 2018 | First-time Homebuyers
When a homeowner stops making regular mortgage payments, the bank can foreclose on the property. This means that the bank takes possession of the property in an attempt to recover the debt the homeowner owes. In some cases, the bank may try to recover th
Jun 06, 2018 |
Last week’s economic reports included readings on Case-Shiller home prices, pending home sales and construction spending. Weekly readings on mortgage rates and new jobless claims were released, along with monthly labor-related reports on job creati
Jun 05, 2018 |