March 6, 2014
All homeowners want lower monthly mortgage payments. In general, there are two main ways that a homeowner can go about this: mortgage refinancing or loan modification. It is important to realize that these are two very different...
February 25, 2014
Some homeowners trapped under the wave of declining home values may be surprised to find their property taxes haven’t tanked as well.
Others may find their property taxes are far higher than neighbors in comparable homes because of...
February 20, 2014
The relationship between your home’s value and your property taxes is direct, if not a bit obvious. Property taxes are based on property values, so essentially, the more your home is worth, the more you’ll have to pay in property tax. The terms...
February 12, 2014
If you are considering buying a house, the first step is to determine whether or not it really makes sense for you to buy or continue renting.
With home ownership, there are no monthly rent checks or rules about wall paint...
February 12, 2014
Your credit score has a substantial impact on whether or not you’re approved for a mortgage ― it will also affect the amount you are offered and the interest rates of the...
February 10, 2014
There are several advantages to being a first-time home buyer in today’s struggling economy. Not only do you have access to an enormous inventory of properties from anxious sellers,...
February 6, 2014
If you are considering buying a house, you should explore all the options first. You may choose to buy a “regular” single-family house, or you might be interested in a hybrid homeownership option such as buying a condo. Condominium living has...
January 28, 2014
Generally speaking, whenever you settle a debt for less than you owed, the difference counts as income – taxable income.
A short sale is a form of debt...
January 23, 2014
One of the most complex financial transactions that people make is the purchase of a home. When you apply for home financing, you will find that the mortgage...
October 11, 2013
If you are seeking mortgage advice, make sure to do your homework and meet with several reputable...