How To Buy A HUD Home As An Investor

My sister and I recently bought an investment property together. It’s a HUD foreclosure that we plan to rehab and flip over the next several months. I asked my sis if she would write a series of articles about the experience. She is going to give you all the details down to the penny. Here’s […]

Published or Updated: February 14, 2013

5 Tips to Invest Wisely in a Second Home

Clark Howard says, “Second homes are the best deal in a distressed real estate market.” And that’s especially true right now when housing in many vacation-home destinations has bottomed and mortgage rates are at an all time low. But how do you invest with confidence when you’re not from the area and unfamiliar with the […]

Published or Updated: July 27, 2012

6 Unexpected Expenses New Homebuyers Should Know

When first-time homebuyers finally close the deal on their first home, they are often so focused on the price of the home and the mortgage, that they forget about the other expenses involved with the closing process. Here we’ll take a look at some of the typical fees that often catch first-time homebuyers by surprise, […]

Published or Updated: January 29, 2012

The Interesting Process of a Real Estate Auction

Many people are familiar with the concept of a foreclosure auction. In most people’s minds, such an auction works like so: A property that has been seized by a bank due to delinquent payments is offered up for sale and sold to the highest bidder. While that can be part of the process in some cases, […]

Published or Updated: April 3, 2013

10 Most Expensive Cities to Buy a Home in the US

Between February and August of this year, Coldwell Banker studied average home prices in nearly 300 markets where the firm operates. The firm tracked the average prices of four bedroom, two bathroom houses in markets across the United States. The resulting report shows huge differences across the US, with average prices for comparable homes ranging […]

Published or Updated: April 4, 2013

The Pros and Cons of Buying a New Construction Home

You’ve been hard at work, soundly managing and saving your money. You have a good credit score, and you’ve amassed enough cash for a down payment on your first home. Or, perhaps you’re looking to sell your current flat and upgrade to some new digs. Either way, you might find yourself considering a new construction […]

Published or Updated: April 5, 2013

Is Our Economy in a Foreclosure Freeze?

As if the sub-prime mortgage crisis followed by a collapse of the housing market wasn’t enough. Behold the foreclosure crisis sparked by Jeffrey Stephan, head of Ally’s (formerly GMAC) foreclosure document processing team. Stephan admitted under oath to having signed off on documents that he had not reviewed for 10,000 foreclosure cases per month for […]

Published or Updated: April 5, 2013

How Does the Making Homes Affordable Program Work?

The Home Affordable Modification Program, which aims to stabilize the housing market and help homeowners who are struggling to pay their mortgages, was introduced in February 2009 as part of Obama’s Financial Stability Plan. The Financial Stability Plan attempts to address the key problems at the heart of the current economic crisis and to get […]

Published or Updated: April 21, 2014

How Much is a Great View Worth?

Depending on what state or country you live in, you might have a different opinion of what a great view is.  For some, the ideal living quarters is a house or condo next to the water.  For others, it’s stepping outside on your patio or porch and overlooking the forestry and world below.  But no […]

Published or Updated: April 26, 2010

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