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Mid-Year Mortgage Overview
I t might have better to have titled this article “Condos for Cash,” since it seems that all-cash might be the only guaranteed way to purchase a condo today. Simply put, if you are interested in buying a condominium in today’s market,
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The Spring Housing Market Outlook
T he spring housing market is usually greeted with eagerness and enthusiasm by home sellers and buyers, Realtors and mortgage professionals. This year, though, it is being met with, well…hope. While there are still plenty of negatives, a sour economy
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Outlook for Spring
T he spring housing market is usually greeted with eagerness and enthusiasm by home sellers and buyers, Realtors and mortgage professionals. This year, though, it is being met with, well…hope. While there are still plenty of negatives, a sour economy
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The Housing Watch List for 2009
T here are a few trends /issues to which we think you should pay particular attention this year. Builders require extra due diligence. In November, homebuilders started the fewest number of new homes since 1959. That’s tough for builders, but good
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2009 Housing Market Preview
W i ll 2009 be the year that we finally see an end to the slide in home prices and the start of a rebound? Some market watchers think so. Of course, recent spells of optimism about the housing market have proven premature and that could be the case again.
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ESSENTIAL STEPS FOR GETTING A MORTGAGE
F irst-time homebuyers, who have never applied for a mortgage before, should understand that being totally prepared to do so takes advance planning . The biggest mistake for many first-time homebuyers is waiting until they start looking for a home to
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HOW EARLY PURCHASE MAXIMIZES TAX BENEFITS
If you have decided that 2009 will be the year you become a homeowner, then consider doing it as early in the year as possible, because delay has one certain cost. For every day that passes after January 1, you will find it more difficult to take full
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FIRST-TIME HOMEBUYERS GUIDE FOR 2009
T he first-time homebuyer in 2009 will have a tricky real estate environment facing them, but negotiating the challenges ahead could prove rewarding. On the positive side, home inventories remain high, so the first-time buyer will have a wide selection
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How to Make a Project Go Smoothly
E very remodeling project is going to have some challenges along the way. Here are some suggestions to help you minimize them. Figure out what you really want. You and your spouse/partner should discuss and determine your objectives before going on to
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How to Select the Right Contractor
The selection of a contractor is the most important step in assuring that your remodeling project doesn’t turn into a nightmare. Recommendations of your architect or friends and family can be a good place to start your contractor search. Several
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Financing a Renovation Project
S imply put – the housing market has changed. Buying a home today requires a larger investment, better credit history, solid reserves and verifiable value. Lenders want to avoid risk. The area where you can see this most clearly is with existing
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Home Renovation and Remodeling
T here are a number of reasons for undertaking a renovation or remodeling project . Some are taken on by choice, others out of necessity. Whatever the motivation, now may be one of the best times in years to launch a project. That's because mortgage
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The 2008 Ral Estate Investment Report
R eal estate investment? Isn’t that an oxymoron, or at least a contradiction in terms? It may seem so in the context of the current housing market’s price and sales weakness, especially in those hard hit areas of the country where this is
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Opportunities for Buyers and Sellers
F oreclosures are way too high, but in at least some cases they should be avoidable. There are options for homeowners in advance of foreclosure and those who are behind on their mortgage payments need to understand them. Working out a loan modification
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Fannie May Roll Back Geography Penalty
A t a time when lenders have been announcing ever-tighter mortgage requirements, it is nice when we can report a move in the other direction that will benefit homebuyers , especially first-time buyers. Maybe it will even become a trend. Fannie Mae has
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