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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.
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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.
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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?.
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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.
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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.
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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.
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4 September 2013
Older Americans have the AARP to advocate on their behalf.Now, a group of housing industry veterans has launched a similar organization with the stated goal of looking out for the interests of homeowners.
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7 August 2013
When you're about to purchase a property, the biggest continuing cost is your mortgage.Taking out a secured loan involves a huge amount of money and the loan also pledges your home as collateral to the loan.
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28 June 2013
Refinancing a 30-year fixed home loan to a 15-year loan can help homeowners own their home outright sooner, but it can also lead to an advantage they may enjoy just as much: saving thousands of dollars.
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26 April 2013
When you buy a home as an unmarried couple, getting approved for the mortgage is only half the challenge.You also want to be sure to set up the ownership and financial arrangements so that the interests of both partners are protected.
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20 April 2013
Getting a mortgage and buying a home offers some significant challenges for two unmarried people that traditional couples don't face.Some of those have to do with getting the loan itself; others have to do with protecting yourself in case the loan or the relationship goes sour.
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30 March 2013
If you're shopping around for a house, you may have come across some properties listed as For Sale By Owner (FSBO).While these can offer some good value for buyers, there are also some potential pitfalls you ought to be aware of.
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18 March 2013
Thinking about buying a home? If so, you may have worn out your brain trying to add up all the pluses and minuses trying to arrive at an informed, rational decision.
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3 August 2012
Coming up with the down payment can be one of the biggest obstacles to home ownership.If you have a retirement account, you may be able to borrow from it to get those funds, but it's an area where you ought to proceed with caution.
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2 June 2012
Short sales can offer significant discounts for homebuyers, but are notoriously difficult to complete.However, that may be changing.
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23 February 2012
Should you use a home equity loan or cash-out refinance to fund your 401(k) or IRA? According to a recent study, there can be some significant advantages in doing so - but there are some hazards as well.
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26 January 2012
Can a family member help you come up with the down payment for a mortgage? If so, are there any limits on how much they can provide or other restrictions?.
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12 November 2011
What can you do if you're getting divorced and need to decide who gets the house - which has an underwater mortgage?.
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29 September 2011
Last week[[sitetree_link,id=1367]] we discussed land contracts as a tool for buying or selling a home in a difficult market.Today, we'll take a look at rent-to-own agreements, which are similar, but with some important differences.
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24 September 2011
Can you use money from a gift to make the down payment on a mortgage? Yes, but you need to make sure you follow the proper guidelines.
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