Buying a house can be pretty exciting. it doesn't matter is it's your first house or your tenth house. Once you pick it out and the seller agrees to your terms, it's almost like the house belongs to you.
Only it doesn't.
After looking at possibly dozens of homes and running the gantlet to get your mortgage approved, you really want to be … [Read More...]
Tomorrow is the deadline for filing your taxes.
Well, you could file an extension but you still have to have figured out how much you owe. My guess is that if you have a refund coming, you're ready to send in the forms.
For a lot of people, filling out the tax forms really isn't that big of a deal. There is no itemization to hassle with or … [Read More...]
As most people know, real estate agents work on a 100% commision basis. That means that if we don't get your house sold, we don't make any money. In fact, we lose money. We pay, up front, the costs of marketing the house. These marketing costs could add up.
The other thing about working on commission is that real estate agents have an … [Read More...]
Real estate scams in the U.S. aren't going away in the wake of the economy’s improvement, according to the CoreLogic Mortgage Fraud Report. In fact, the incidence of mortgage fraud in particular remain high, with close to 20,000 mortgage applications around the country classified as having a “high fraud risk” in mid-2013. Though mortgage fraud … [Read More...]
Homes sales and mortgage rates go hand in hand. If mortgage rates rise too quickly it may put a damper on home sales.
On the front page of The Washington Post - above the fold - is an article by Dina ElBoghdady screaming "Rising interest rates slow down housing sales". It's quite an interesting article and you should click on the link to read it … [Read More...]