When done right, DIYs are great, saving you money and time. They can even be fun and give you a sense of pride in what you’ve accomplished. But they can also be rolling disasters when they go off the rails.
When the government shuts its doors because of a funding brouhaha that pits the White House against Capitol Hill, who gets hit hardest among people needing a home mortgage? It all depends on the type of loan you seek and where you’re located.
If agents’ disclosures aren’t clear to you, probe further. You need to know who — if anyone — has your best interests paramount.
Imagine having to save up your money to purchase your first home for more than a half million bucks, and the place you buy is a two-bedroom, 1,200-square-foot starter home – yikes!
It’s Christmas time for special interests, and Democrats could throw a wrench in the works
The Trump administration wants to eliminate professional appraisals on a large number of home sale transactions – a move that critics say could push the country back toward the see-no-evil days of mortgage lending that preceded the housing crash.
Ever fantasize about fleeing the winter cold and getting in on the ground floor of a beachfront real-estate deal in which you double your money in a few years? If you’ve dreamed that dream, here’s how it could turn nightmarish.
Don’t call it a “buyer’s market.” Don’t call it a “correction.” Call it a “re-balancing.”
What’s been happening to that good old-fashioned American way to sell your home – doing it yourself, with minimal or no commission costs?
It’s a common problem for retirees seeking to refinance or get a new mortgage: After their regular employment earnings stop flowing, their monthly incomes drop.
Do you have a pretty good idea of what your house is worth? Could you estimate within, say, 5 percent of what it’s likely to sell for? If so, would that make you more accurate about your home value than an estimate from a computer program loaded with recent sales data and algorithms?
If you make extensive energy-conservation and other green improvements to your home, will they earn you a premium price for the entire house when you go to sell?
You’ve probably seen actor Tom Selleck suavely pitching federally insured reverse mortgages on TV and thought, hmm, that sounds interesting.
Thinking about remodeling your home – redoing a bathroom or the kitchen? Or maybe purchasing a new home from a builder? Or simply buying new appliances?
Millions of Americans have a new record high average FICO score, and that’s positive news for homebuyers, sellers, lenders and the economy overall.
Prices are up, interest rates are rising and it’s tough for a lot of people to qualify to buy a home. So what do some of them do? A growing number of them fake it.
In an era when you can find almost anything you want to know online about real estate – the estimated market value of a house, the rankings of neighborhood schools, crime rates, walkability and much more – there’s one important subject that’s difficult for consumers to check out: Ethics infractions by local Realtors, including agents you might want to hire to list your house or help you buy.
Here’s some promising news for self-employed entrepreneurs, “gig” economy workers and small business owners: There’s a bipartisan push underway on Capitol Hill to make the home mortgage process a lot easier.
Is it easier today for homebuyers with a high debt ratio and sub-par credit scores to qualify for a mortgage than it’s been in years?
You might be relaxing at the beach or in the mountains, but if you’re considering purchasing a home in the coming months, you should be aware of an important shift emerging in the market: price-cutting.