When it comes to closing costs, home sellers usually get stuck. If home buyers choose a no-point, no-fee loan, they can eliminate most of their closing costs. On the other hand, sellers typically start by paying a broker’s commission, and by the time they’re done calculating the costs and fees, can see as much as [...]
Americans are starting to wake up to the idea that if you have bad credit - or even so-so credit - it might prevent you from doing things you want to do, like buy a first house or refinance your mortgage.
As mortgage lenders increasingly use credit scores to decide who is credit [...]
Home with a Unique View
A buyer wonders whether he should buy a home in a cemetery.
A home buyer wonders about buying a foreclosed property near a cemetery. Could buying a home with a perceived defect lead to a lower price? Here are pros and cons of buying a home in a less desirable location like [...]
Is it more economical to stay in a hotel or a condo when you travel? How to save money on places to stay on your next vacation.
Dollar for dollar, condos beat hotel rooms by a long shot. Why? Even if you spend 30 percent more staying in a beach-front condo, you’ll save more than that [...]
Don’t let the surge in prices fool you: The condo craze is all bubble. Worse, living in a condo can be maddeningly complex — and costly.
Any time speculators tell you that things are different this time, you should beware.
Yet that’s exactly what some investors and experts are saying about the condominium market. They insist the [...]
The solution to the current real estate recession is as obvious as the noses on our faces. It is not loaning hundreds of billions of dollars to investment bankers. It is not more regulation of the capital markets. It is not offering new tax credits to home builders and home buyers. It is most certainly [...]
While there’s no right or wrong time to look after your money, it’s especially important now as the slowing housing market, rising unemployment and soaring food and gas prices threaten to further deplete consumer’s budgets.
Fortunately, there are some preventative measures you can make to protect your finances. Here are four money moves that will help [...]
1. Paint
Cost: $60 for two gallons of Benjamin Moore interior paint — enough to paint the walls and ceiling of a 12-by-15 room.
A little paint or varnish can go a long way toward improving your home’s value. One fresh coat (along with a little sanding and caulking) wipes out the scuffs, chips, cracks [...]
Most potential home buyers want to purchase the home of their dreams while paying the lowest possible price. These people follow certain steps to educate and prepare themselves for what will probably be the biggest financial decision in their lives.
There are other people who take a fast-food approach to buying a home, taking the first [...]
Here are six tips from a For Sale By Owner Web site Fizber.com to help you get a timely sale at a fair price in today’s reshuffled housing market.