Underwater? You Could Buy A New House While Keeping Your Old One!
New Fannie Mae mortgage rules let people buy a new place while turning their current home into a rental…
News
Why Home Appraisals Take So Long…And What You Can Do About It
If you’re buying or selling a house, an appraisal is an important and necessary step of your transaction…
Home-Equity Boom-Era Bomb Is Proving To Be A Dud
Experts had predicted a surge in defaults as home equity line of credit payments began to jump. It hasn’t happened…
Ten Reasons Why “For-Sale-By-Owners (FSBOs)” Fail
Attempting to sell solo? Data from a National Association of Realtors survey shows that less than 10 percent of FSBOs actually sell…
Fair Housing Act
Affirmatively Furthering Fair Housing Rule will cull data about some areas where segregation and integration remain a problem 4 decades after act’s passage…
A Capital-Gains Rollover In Your Past Can Haunt You In The Future
The taxbreak for homeowners is long gone, but the bill for deferred taxes on home sales can come due years later…
Lying On Your Mortgage Application Can Cost You…Big Time!
Lenders are employing new ways to sniff out buyers who say they plan to live in property to get a better rate…
Why It’s Tough To Transfer Ownership Of A Co-op To An Heir
Does the law that allows the transfer of a condo upon death without probate also apply to shares of a co-op apartment?
Eighteen Simple Terms That Scare Homebuyers
Use this guide to educate yourself…
What You Need To Know Before Buying An ‘As-Is’ House
A home inspection is crucial when buying an as-is house…