Must Read Real Estate Articles
Must Read Real Estate Articles
|
|
| Secrets To Buying a Rental Property |
| Buying A Home After Foreclosure or Short Sale | Wait Time To Buy Again After Short Sale |
| Volusia county Real Estate Stats, as complied by National Association of Realtors |
| Types of Homeownership Deeds |
| 5 Reasons Why Now is a Good Time to Invest in the Housing Market ................But all of the news isn´t bad, since this may signify that the worst is over............ |
| Top 10 Myths About Buying a Foreclosure ...some insight into what people *think* is involved with buying a foreclosure. Here are the Top 10 Myths that came up in recent survey of US adults |
| 10 Trouble Spots to Consider When Purchasing a Foreclosed Home. "Buyers need to educate themselves about the potential pitfalls of purchasing distressed property"..."It´s not so much what damage occurred, but the source of that damage and how long before the problem was addressed." |
| 9 Tips For Improving Your Credit Score Pay off debt rather than moving it around. The most effective way to improve your credit score in this area is by paying down your revolving credit. In fact, owing the same amount but having fewer open accounts may lower your score....read more.. |
| Have We Reached a Bottom Yet?...How to Know...quick reference guide to some of the factors involved and advice on how to spot a turning point in the market: |
| Does your Home have Chinese Drywall? ...the drywall issue emerged after months of failures in heating and cooling systems. Homes built 2004-2008 in Florida, Nevada, Louisiana, & California may be involved.... |
| Why Should I Buy Now? Any investment consideration follows a predictable cycle of 9 stages. |
| National Association of Realtors' Presidents letter to Realtors addressing Economic Stimulus package's Effect on Housing.....What we preserved, what we achieved, what we did not get |
| How Foreclosure Works ......... Top 10 Foreclosure Avoidance Tips ...... Foreclosure Timeline |
| Fannie Mae New guidelines and policies in regards to short sales, bankruptcies, and foreclosures. Bankruptcy and foreclosure policies: updates to manual underwriting requirements for borrowers with prior bankruptcy or foreclosure actions in their credit history, including deeds-in-lieu of foreclosure and preforeclosure sales... |
| Understanding Short Sales ....short sale is a better option than foreclosure is because it saves the seller´s credit from being damaged. A foreclosure can drop a homeowner´s credit score by 300 points or more. A short sale will affect a homeowner´s credit score by 80 to 100 points on the average |
| Top 10 Gifts That Really Hit Home .....Consumer Reports has taken a lot of guesswork out of ...Home entertainment, Kitchen and cooking, Home improvements, cleaning appliances |
| TAX Information for 1st Time Home Buyers What you can and cannot deduct, direct from IRS website |
| New Low Mortgage Interest Rates Out of Reach To qualify for a conventional 30-year loan for $400,000 at a fixed rate of 5.5%, a consumer would need a credit score of 680, a down payment of 10% and a debt-to-income ratio of 45% or less......"You are betting against history if you are waiting for interest rates to go lower," |
| The Economy & Real Estate...Why There is Still Hope With the volatility of the stock market of late, there´s understandably some uncertainty about how all of this will impact the real estate market. I´ve had the opportunity to listen to several economists recently, including Lawrence Yun from the National Association of Realtors®, and believe it or not, I feel good about what I´m hearing......Here´s why: |
| Surf For the Real Deal...Consumer Reports publication, has compiled a list of seven websites to help you skip the surfing and get to the real deals quickly. |
| Real Estate Misconceptions Debunked Buying and selling residential real estate can be complex and confusing, particularly amid a process rife with misconception. To dispel common real estate myths, Robert Jenson, CEO of The Jenson Group at RE/MAX CENTRAL, offers some "truths" to help real estate consumers better navigate the home buying and selling process: |
| The Consumer Bailout That Nobody Knows About As congress considers various bailout proposals for the financial system, there is a little known ?bailout´ for home owners that has already been enacted into law....the new housing bill that was signed into law on July 30, 2008 (HR 3221) requires mortgage servicers to modify loans for homeowners and help them avoid foreclosure as long as three requirements are met: |
| 9 Steps to Cancel PMI...If you bought your home and paid less than 20% down, this article is for you... Have you been paying private mortgage insurance for years? You may be closer than you think to getting rid of that extra payment, |
| Deciding between Debt and Down Payment Is it smarter for us to pay off the credit cards first and then save money, or split the money between paying down the cards and savings? |
| Is Your Home Really Covered By Insurance?
You expect your homeowners insurance policy to help you recover from a catastrophe by providing you with enough cash to replace anything damaged or destroyed in such an event. However, read your policy carefully. You may not have the protection you think you do.. |
| Buying in a Buyer's Market...Timing Is a Big Gamble It's a real estate buyer's market in most areas of the country, but many would-be house purchasers -- especially first-timers -- remain on the sidelines, waiting for home prices to fall still further. They may be ..... |
| 10 Major Myths About Living Green Depending on whom you believe, a more eco-friendly lifestyle can either seem exciting, empowering and financially enriching -- or depressing, deprived and expensive.Having trouble sorting through it all? Here are 10 green myths, along with some real information, to make it easier.... |
| 4 Housing Upgrades That Don't Pay "Where a lot of people get into trouble is that they go into a home that they're only going to be in for a relatively short period of time, and they start doing renovations and additions that are ..... |
| Bad Credit Score? Here's How To Fix It We asked readers what they wanted to know about FICO scores, and we had many requests for guidance on building or rebuilding them. We posed these questions to Fair Isaac product support manager Barry Paperno, who has worked for the credit-score company since 1995. |
| Is The Time Right For First-Time Homebuyers? The answer, unfortunately, may be no. |
| Understanding the Housing Market By understanding the housing market, you´ll have a better sense of what, where and when to buy. Buying a home is an important lifestyle and investment decision. You want to buy at the best price possible. You want your monthly payments to be as affordable as possible. You want your home to increase in value as much as possible. |
10 Mistakes in Renting vs. Buying Decision
|
| Florida Hurricane Preparedness Guide Hurricane Supply List As a smart planner, whether you're a visitor to our beautiful shores or a property owner, you should begin planning your actions well before a storm threatens. In Florida During Hurricanes (for enjoyment purposes) |
Must read articles for current Homeowners....and those considering buying ....Email me