The peak homebuying season may be over, but there are still steps you can take to ensure a speedy sale. Setting the right price and making an excellent first impression are both essential to attracting buyers, but what else can you do to get the...
Condos can be a great choice for many people, including first-time buyers looking to get into the market and build equity. A condo unit can be a good starting point since it is usually less expensive to own and carry than a traditional house...
During the 2007-2009 financial crisis, the United States economy crumbled because of a problem with mortgage foreclosures. Borrowers all over the nation had trouble paying their mortgages. At the time, eight out of 10 borrowers were trying to...
Because of lower down payment requirements and less stringent lending standards, FHA loans are popular with mortgage borrowers. Simply stated, an FHA loan is a mortgage insured by the Federal Housing Administration, a government agency within the...
Since a home buyer apportions the bulk of his savings and income to a single investment, he wants to save as much as possible. Property developers exploit this penny-pinching penchant by offering various innovative schemes that are laden with...
A reverse mortgage is a home loan that provides cash payments based on home equity. Homeowners normally “defer payment of the loan until they die, sell, or move out of the home.” Upon the death of homeowners, their heirs either give...
