Finding the spare capital to put 20% down payment on a home purchase is wonderful, however it's certainly not the norm. Still, many people believe that it is and therefore the belief may be holding some would-be home buyers back, particularly young adults. The massive Down Payment ... » Learn More about The massive Down Payment Misconception
Home buying
3 unsafe real estate traps to stay clear of
Being in the marketplace to purchase a new house can be an adventure packed with excitement as well as unknowns. Since buyers are working within a specific budget, they’ll probably pay attention to special deals. But beware - sometimes deals that appear too good to be true are scams, and not ... » Learn More about 3 unsafe real estate traps to stay clear of
Homeowner regulations and tax breaks: It’s not merely the house
It's not just the home-related tax breaks you can get usage of, either, says Lisa Greene-Lewis, a CPA and tax expert for TurboTax. "Getting enough qualified expenses can top the standard deduction and push you over into itemizing and allow you to deduct so many other expenses you wouldn't be able to ... » Learn More about Homeowner regulations and tax breaks: It’s not merely the house
Move-up buyers: Put up for sale or lease your personal first property?
Many homeowners who need to move elect to sell their current home so they can have sufficient cash to purchase their next digs. Still, though, some might wonder: Should I sell or lease out my property? It's a good question. Move-up buyers: Put up for sale or lease your personal first ... » Learn More about Move-up buyers: Put up for sale or lease your personal first property?
Fannie Mae has taken step that could increase single-family rental expansion
Fannie Mae - a government-controlled mortgage guarantor that helps keep mortgage rates low for home-buyers - has decided to guarantee up to $1 billion in debt backed by single-family rental homes belonging to Invitation Homes, a company run by private-equity giant Blackstone. If Fannie Mae ... » Learn More about Fannie Mae has taken step that could increase single-family rental expansion