If you are first-time homebuyer, you might be surprised at the pitfalls that can beset you. Here are 5 mortgage mistakes to avoid as a first-time homebuyer.
Mutual of Omaha Bank Mortgage Review
If you are currently looking for a mortgage or refinance, Mutual of Omaha Bank Mortgage is definitely worth a second look. Here’s my review.
Mortgage Modifications Without Documentation Of Hardship? Will It Lead To More Strategic Defaults?
The Home Affordable Modification Program (HAMP) allows homeowners to modify their home loan, as long as they could document a hardship. Now that requirement is going away. Will it lead to more strategic defaults?
How To Use Zillow When Buying Or Selling A Home
Over the years Zillow.com has become an essential tool for home buyers and sellers. Here’s why.
Homeowner Tax Breaks, Deductions And Credits Reinstated In The American Taxpayer Relief Act of 2012
The American Taxpayer Relief Act of 2012 extended some popular tax deductions, credits and other breaks for homeowners through 2013. Here are the details of the extended tax breaks.
The Emotional Roller Coaster Of Building A New Home And Selling Your Old House At The Same Time
The process of finding a new place to call home, and selling your existing house at the same time can be extremely time consuming and emotionally draining, but potentially rewarding.
The (Rock Star) Benefits Of Buying A Duplex
Making your first home a duplex (or other small multifamily property) can be extremely advantageous for you and your financial future. Here’s why.
When Is The Best Time To Refinance Your Mortgage?
Have you refinanced your mortgage in the past year or so? If not, you may want to get started now, and here’s why…
How Much House Can You Afford To Buy? Should You Buy Less Than Your Means Allow?
How much house can you afford if you want to keep yourself in a sound financial position? How much should you spend if you also want to build wealth?
What Does It Cost To Sell A House? How Much Can You Expect To Pay In Fees, Commissions And Taxes?
When you add it all up, selling a home can cost thousands of dollars in commissions, fees, taxes and other costs. Here’s what costs to expect when selling your house.
4 Reasons Why You Might Have Problems Buying A House Despite Low Rates
The economy is still in the doldrums, but one of the side effects has been that the rates on home mortgages are at their lowest levels ever. Last week 30 30-year fixed mortgages reached historic lows when they breached an average of 3.53%. Not only that, but 15-year fixed mortgages averaged only 2.83%! From the […]
How And Why To Check Your Credit Score If You Plan On Buying A House
When buying a new home it is important to monitor your credit situation as credit scores from FICO or other agencies can have a big impact on what mortgage rate you receive.
Government Foreclosure Settlement Means Homeowners Could Get Reduced Principal, A Refinance Or Compensation
The government just announced a settlement with 5 major banks that will mean some homeowners will now be eligible to receive reductions in principal, a refinance or compensation.
Trying To Buy A New House When Your Current Home Is Underwater
Trying to find a new house when your current house is underwater presents a big challenge. Here are some options of what you can do when you end up in that situation.