In a new alternative mortgage plan, a company buys homes for those who have low credit and enables them to start earning equity through rent payments. However, if home prices unexpectedly fall, renters may move on, new owners might face foreclosure and companies could collapse. Could New ... » Learn More about Alternative Loans – Another Crisis?
Moving
5 Winning Hints for Writing an Offer Letter
In certain hot housing markets, including a letter with your formal offer to purchase a home is all but required. Unfortunately, Hallmark doesn’t make a card for the occasion (yet). Here are a couple of tips: 5 Winning Hints for Writing an Offer Letter 1. Get ... » Learn More about 5 Winning Hints for Writing an Offer Letter
Rates On Mortgages Hold Steady
The 30-year FRM inched a mere .01 percentage points higher this week to wind up at 3.65%, while the 15-year version fell .02 percentage points to 3.14%. U.S. long-term rates on mortgages held steady this week, supplying a potential boon to home-buyers amid an uncertain economic ... » Learn More about Rates On Mortgages Hold Steady
Concerned With Permit Code Violations?
Neglecting to obtain the required permit may lead to code violations. A seller should have already taken care of these details, but should a buyer be worried anyway? Should Buyers Be Concerned With Permit Code Violations? Question: I am getting a house and am worried about ... » Learn More about Concerned With Permit Code Violations?
Reexamine Apartment Living
Honoring the 25th anniversary of “Friends” this month, we’re looking into the living arrangements of our six favorite “friends”: Rachel, Ross, Monica, Chandler, Joey and Phoebe. They were in their 20s and renting an apartment in New York City’s West Village. We’ve all thought it, and it has even ... » Learn More about Reexamine Apartment Living