When you are searching for a new home, it can be easy to fall in love at first sight. Whether it’s the kitchen, outside appearance, master bath, or the yard, aestethic elements can stir the emotion, causing your hear to…
The Obama administration wants to create a mortgage market that is more forgiving toborrowers who lost their homes due to the recession, an effort that could widen the pool of potential homeowners.
A recent rule change lets certain borrowers who have gone through a foreclosure, bankruptcy or other adverse event—but who have repaired their credit—become eligible to receive a new mortgage backed by the Federal Housing Administration after waiting as little as one year. Previously, they had to wait at least three years before they could qualify for a new government-backed loan.
Most people recognize the tangible benefits of home ownership, such as a nice write-off on property taxes and building equity for the future. But there are many more benefits of home purchase that affect us emotionally – and they are…
Is there a benefit for buying a home in the winter? Many home buyers like to be settled prior to the fall for kids to be settled before school starts or because the weather is more predictable for a move.…
