Search for Article...
22 September 2014
From high-end condos in Hawaii to inexpensive trailer parks almost anywhere in the United States, homes on leased land are a way to own a home for a lot less money than a house on land owned by the homeowner.
Read more
12 September 2014
Shopping for a mortgage can be an intimidating process, particularly for a first-time homebuyer.There are a lot of details, unfamiliar terminology and new concepts to get a handle on.
Read more
8 September 2014
Using a reverse mortgage to buy a vacation home in the Cayman Islands sounds like one of the worst uses for the federally overseen program meant to help older homeowners either fund their retirement or at least stay in their homes by no longer having a mortgage bill.
Read more
2 September 2014
Does the thought of paying your mortgage bill each month keep you awake at night? Do you toss and turn worrying about whether you'll have enough money to send to the electric company this month?.
Read more
22 August 2014
Most consumers are aware of the three major credit reporting companies that generate the scores used in qualifying borrowers for loans.What they may not know is that Equifax, Experian and Transunion are only the tip of the iceberg when it comes to tracking and reporting consumer behavior.
Read more
15 August 2014
Zombie foreclosures -- foreclosures in which homeowners move out of a property before a bank finishes taking it over, leaving the home vacant -- remain a problem across the country.
Read more
14 August 2014
People who are looking to minimize their monthly mortgage payment sometimes consider a 40-year loan.While this can be a useful product for some borrowers, it's one that you need to approach with caution.
Read more
7 August 2014
A mortgage loan is the most traditional, and probably the smartest way, to buy a home.You're going through a bank for a loan and the monthly payments will be the same for 30 years.
Read more
6 August 2014
The housing recovery continues to move in slow motion, and the trend of adult children continuing to live in their parent's homes has been called one of the reasons.
Read more
18 July 2014
To get a mortgage and buy a home, you need to have good credit.But if you're a young person just starting out, how do you establish credit in the first place if you don't already have it?.
Read more
20 June 2014
Can't afford that urban experience? Try buying a home in a second-tier downtown.
Read more
18 June 2014
Home remodeling projects are often seen as financial losers - their cost nearly always exceeds the increased value they add to your home.
Read more
10 May 2014
Adjustable-rate mortgages have been out of favor for some time, but with mortgage rates poised to start rising again, the potential savings they offer could draw borrowers back to them.
Read more
7 May 2014
Are you ready to buy a home? Lots of renters are pondering that question right now.But even if you're sure your budget and credit are up to the task, you may still be hesitant to take the leap.
Read more
3 May 2014
Now that the dread Winter of 2014 finally seems to be behind us, the spring homebuying season is upon us.It's the most popular time to buy a home, but also the most competitive.What do you need to do to be ready for it?.
Read more
2 May 2014
What happens to your mortgage if you should pass away before it's paid off? While it's not a pleasant thing to contemplate, it is something you should plan for if you want the property or its equity to pass to your heirs trouble-free.
Read more
6 February 2014
Getting a mortgage after a divorce can be a challenge.A divorce may end your marriage, but your finances can remain intertwined for years to come, adding to the challenge of qualifying for a loan.
Read more
25 January 2014
It's tough out there for first-time homebuyers.Despite a seemingly attractive housing market, many remain sidelined by low incomes, high debt or a combination of both.So what's the trick to finding a house you can afford?.
Read more
3 December 2013
Homeowners whose mortgage debt is reduced through a loan modification or short sale could get hit with a tax bill if Congress doesn't act to extend a special exemption due to expire at the end of the year.
Read more
15 November 2013
With mortgage rates jumping around the way they have been lately, many borrowers are reluctant to commit to a loan out of fear rates could head back down again.
Read more