Real Estate Investing

6 Unexpected Expenses New Homebuyers Should Know

August 11, 2011

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, [...]

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Real Estate Red Flags to Look Out For

February 2, 2011

You’ve worked hard,  saved for a down payment, paid down credit card debt and made sure you’ve got stellar credit. Now you’re in the market for a house and you’re wondering what red flags you should be looking for.  The good news is that it’s much easier to spot housing red flags than you might [...]

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The Interesting Process of a Real Estate Auction

January 14, 2011

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 much can be part of the process in [...]

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10 Most Expensive Cities to Buy a Home in the US

November 18, 2010

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 [...]

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The Pros and Cons of Buying a New Construction Home

November 1, 2010

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 [...]

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Is Our Economy in a Foreclosure Freeze?

October 19, 2010

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 [...]

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How Does the Making Homes Affordable Program Work?

September 21, 2010

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 [...]

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5 Places To Stash Your Cash When Purchasing a Home

August 2, 2010

Individuals, couples or families that are ready to buy a home have often saved for many years to have the opportunity to live “The American Dream.”  Accordingly, it is important that the money set aside for the down payment is easily accessible and in a safe, secure spot, i.e., now would not be a good [...]

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How Much is a Great View Worth?

April 27, 2010

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 [...]

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