Home Buying, Selling & Renting
Even through a recession buying a home is a sound financial investment and plan for your future. Our articles, guides and tips will bring you through the home buying process from start to finish. Read articles on home styles and terminology, get help in choosing a real estate agent, and advice on financing your home. Very soon you’ll be living in the home of your dreams!
Bright Hub’s Home Buying, Selling & Renting Channel also covers such vast topics as Real Estate Law, where we answer your legal questions on home ownership, buying and selling and fraud. We also cover selling your home, flipping a house, purchasing and managing investment properties. Know your rights and responsibilities, whether you’re renting a home or a landlord. All this and much more inside! Read articles by Realtors, home owners, peers and professionals, comment and share your experience and opinion.
If you’re in an upside down home mortgage, chances are you’re probably in a bit of a panic. Don’t worry, because things will get better, but in the mean time, read on to find out some ways to get out of an upside down home mortgage.
While there are some unique challenges associated with mortgage loans for buyers with fair credit, this does not mean that it is impossible. Home buyers do have some options available to them that they may not have considered. Home financing without sub-prime rates may be a bigger challenge.
How do you get a home loan after bankruptcy? Patience, better financial decision making, and showing that you have turned your finances around are good ways to impress lenders.
Knowing what to ask about a mortgage will speed up your application process and give you a much deeper understanding of the loan offers you receive. Asking questions about a mortgage can also potentially save you thousands of dollars, allowing you to accurately compare loan quotes.
These days, it seems like every other advertisement on television is about reverse mortgages and reverse mortgage information. Famous spokespeople or actors tell us why we should all jump on board. Jean Scheid takes a look at what consumers need to know about reverse mortgages.
If you’re looking for solutions on how to lower interest rate on a mortgage loan, this article provides tips on how to negotiate for its abatement. If in case a borrower is not eligible, be in the know that one can still work out ways to lessen the loan amortizations.
Refinancing your mortgage loan may help improve your financial situation, as long as you are aware of potential fees you’ll have to pay. Find out what banks really charge and which closing costs you can negotiate for reduction.
A home insurance policy protects your home and its contents from fire, theft, water, and other perils. It also provides liability insurance. This article provides some tips on choosing insurance coverage for your home. A carefully chosen policy can benefit you when filing a claim.
What’s the difference between a mortgage preapproval and a loan pre-qualification? In pre-qualifying for a loan, the applicant will know if he can satisfy the loan requirements. In getting a loan preapproved the applicant is assured of available home financing while in the process of house-hunting.
Get tips on buying foreclosed homes and learn why buying through real estate owners (REO), is better than buying at auctions. However, know the best practices in buying foreclosed properties using bank loan facilities, in order to maximize the benefits and avoid predatory lenders as well.
Are you seeking answers on how to buy a condo unit via FHA loans? Condominium units became popular because they’re stylish & convenient, albeit expensive. However, the recent recession saw the foreclosure of many units, which made condo-buying through FHA loan an affordable option for house hunters
So you are finally out of college and into the “real world.” Now what? You have been so use to the comfort of college life, that actually landing a job and a place of your own may sound challenging and scary. That’s okay; most of us go through the same thing.
*Update: Buyers have until Sep. 30, 2010 to close on their house and take advantage of the new home buyers tax credit for first time home buyers. You could save up to $8000!
As part of the government’s economic stimulus package, HUD has extended the $100 down payment offer on HUD homes for sale. There are some rules, but if you’re looking for a good deal on a home this could be right for you.
To aid home buyers who are bidding on HUD homes in this down economy, you can get up to $35,000 added to your loan for repairs and roll it into your mortgage. We’ll tell you how the FHA and HUD found a new solution for homeowners.
When buying a house, you need to look at more than just the price, the down payment and your monthly mortgage payment. A variety of different fees can be involved in financing and purchasing a home. If you are considering buying a house, take these fees into account when planning your budget.
There are several benefits to owning a home. However, owning a home involves a host of other expenses, and some home buyers overextend themselves. Rather than live check to check, consider these tips to lower your mortgage payment and increase your disposable income.
Can’t qualify for a mortgage loan due to bad credit and little cash? If so, consider seller financing. This arrangement gives you ample time to improve your credit, save money, and qualify for a traditional mortgage loan in the future.
Before beginning the home search, it’s best to know how much you can afford. This way, you don’t waste time viewing homes priced outside your budget. This article will offer tips on how to get pre-approved for a home loan.
Can’t decide whether now is a good time to purchase a home? Consider five good reasons to buy a home, and then determine whether now is the best time to dive into homeownership.