(MONEY Magazine) — Is now the right time to invest in a house?
Trick question. Actually, it’s two questions.
Question No. 1: Is now the time to buy?
Question No. 2: Is buying a house a good investment?
The first answer is easy: With a few exceptions, if you have 20% to put down and good credit, now [...]
HOME buyers with sketchy credit who are unable to qualify for conventional mortgages may now find it more costly and difficult to obtain loans insured by the Federal Housing Administration.
New rules that went into effect this month adjust the two types of mortgage insurance paid by consumers for loans insured by the F.H.A., which is [...]
From the Washington Post
By Harvey S. Jacobs
The turmoil in the residential real estate industry and the recent meltdown in the foreclosure process should have every prospective home buyer reexamining the often overlooked concept of title insurance. In addition to being of critical importance these days, title insurance is one of the largest components of closing [...]
What is PMI or Private Mortgage Insurance and is it Necessary?
Private Mortgage Insurance, or PMI, is a type of insurance that insures the lender in case the buyer defaults on the loan. The lender, or bank, requires PMI when the buyer has a down payment less than 20% of the asking price of the home. [...]
Large Singlewide in Ogden For Sale or Rent to Own! – $69,000
Bedrooms: 2
Bathrooms: 2
Parking Spaces: Driveway
Year Built: 1994
Lot Size: .33 Acres
School District: Ogden Elementary
Square Footage: 1208
Agent Name: James Baxendale
Broker: James Baxendale
Price: $69,000
Additional Pricing Information: Rent to Own Option or Seller Financing Available. 3%-5% Down Required Upfront or Through Our Down Payment Assistance Program.
204 McCormick [...]
Renovating your kitchen can be a costly undertaking. Specifically, kitchen cabinets represent the bulk of the cost of a kitchen update. You can, however, drastically change the look of your kitchen at a fraction of the cost, by refinishing your existing kitchen cabinets. It is actually a fairly simple, although time consuming project. We outline [...]
A house is probably the biggest purchase you’ll ever make. And, if you can avoid these missteps, chances are you’ll be happy with the home you choose.
By Investopedia
Are you gearing up to buy your first place? Shopping for a home is exciting, exhausting and a little scary. In the end, your aim is to end [...]
By Marcie Geffner • Bankrate.com
Homebuyers and Homeowners who want to refinance are understandably eager to get the lowest possible mortgage rate they can.
That’s not always easy, in part because the best mortgage rate offered to one borrower might not be the same as the best mortgage rate offered to another borrower.
So, what factors will lenders [...]
And How Can I Save Money on My Settlement Costs?
A Good Faith Estimate is an estimate of the fees that you are responsible for when you close on your home loan. The estimate is required by the Federal Real Estate Settlement Procedures Act published in Novemeber of 2008, and taking effect January 1, 2010. Your Good [...]
