In the event the end of the term is approaching, it could be time to start considering refinancing, or even home shopping. For those who bought a home with an adjustable rate mortgage (ARM) thinking you’d sell the house prior to the ARM adjusted, you’re not the only one. Many people buy homes with ... » Learn More about What Can You Do If Your ARM Is Almost Out Of Time?
Home buyers
Should You Buy a Fixer Upper?
It looks so simple on TV: Locate a fixer upper with "good bones," work with a few telegenic workers, perhaps squabble together with your partner about the interior paint color and presto - the house has doubled in value. The truth, needless to say, is not really so easy. Here are some items to ... » Learn More about Should You Buy a Fixer Upper?
Rise in homeowner equity will continue to stabilize housing market
Every quarter, the U.S. Federal Reserve releases its report in connection with financial accounts of the United States. Although this is a very lengthy and detailed analysis, it will contain some interesting statistics on housing. The particular “nuggets” that we search for relate to the complete ... » Learn More about Rise in homeowner equity will continue to stabilize housing market
New Construction Home Inspections: Is it Necessary?
The answer is yes, and here's why. In the middle of the recent recession that crippled the U.S. real estate economy, the new construction home inspection virtually disappeared. You don’t need to tell this to a builder. For quite some time there was an excessive amount of available housing inventory ... » Learn More about New Construction Home Inspections: Is it Necessary?
5 Winning Tips for Writing an Offer Letter
In some hot housing markets, including a letter together with your formal offer to buy a home is all but required. Unfortunately, Hallmark doesn't make a card for that occasion (yet). 5 Winning Tips for Writing an Offer Letter Here are a couple tips: 1. Get emotional Take ... » Learn More about 5 Winning Tips for Writing an Offer Letter