It wasn’t so long ago that you could shop for homes at your leisure, offer significantly below asking price and end up with a bargain. No more. In many parts of the country, buyers outnumber sellers, and homes listed for sale in the morning may be under contract by lunch. Homes in good … [Read more...] about New rules for buying a house in a sellers’ market
Congratulations: You’ve been given the keys to your new home. Now the physical work begins. Moving, even locally, can be a very expensive process. Here are eight money-saving tips that I discovered during our move within the same city last year. Get free boxes and use towels as packing … [Read more...] about 8 ways to save when moving into a new home
With interest rates still at an all-time low, many first-time homebuyers are looking to make the leap into home ownership. Choosing a home is the easy part of the process – you’ll also need to deal with contract offers, inspection, securing a mortgage and insurance, and the closing, all of which … [Read more...] about What you need to know before buying a home
Even before you begin shopping for a home, you will probably find yourself shopping for a mortgage. You know to compare interest rates and terms, but may not know it can be just as important to inquire about mortgage loan points. Mortgage points are a fee you as the borrower may be required — or … [Read more...] about 5 important fundamentals to understand about mortgage points
One of the more hotly debated issues in personal finance is whether you should pay off your mortgage early. As with most things, there is no one-size-fits-all answer. Here are a few questions to guide you: 1. Are you receiving a tax deduction? Although everyone assumes that they are getting a tax … [Read more...] about Should you pay off your mortgage?
Do you know what your homeowner's insurance policy covers should you file a claim in 2013? Yes, it's not exciting, but with more insurers are inserting provisions to shift risk and costs to homeowners, a careful read is more important than ever, say the experts at the Consumer Federation of America … [Read more...] about 7 little-known homeowner insurance traps
The revelation that would-be home buyers on HGTV's popular "House Hunters" program may be looking at homes that aren't even for sale has caused a stir. You can read more about that in my post at MSN Real Estate. But even if "House Hunters" is, in part, fake, there are some real lessons home … [Read more...] about 6 real lessons from HGTV’s ‘House Hunters’