Real estate brokers are looking for good homebuyers just as much as homebuyers are looking for good real estate brokers. When a homebuyer is looking to purchase a home, it’s important to practice good home-buying etiquette. For homebuyers to have a good relationship with their real estate brokers, they need to follow several rules of [...]
Tax season is right around the corner, so here’s how to get your IRS transcripts in a new way. The IRS just released an app called “Get Transcript,” and it allows any taxpayer to view, print, or download their own IRS transcripts online using a computer or smartphone. The breaking news is that now people [...]
Here’s the best way for a first-time homebuyer to search for their dream home: with a priority list. Being a first-time homebuyer can be daunting, but a priority list can be the best way to help homebuyers with their search for their dream home. To get started, homebuyers should narrow their choices by writing down [...]
Important 2014 filing deadlines for the 2013 tax year are quickly approaching for individuals and businesses. Review this list to see what you need to file and when. For the necessary forms and information on how to file, visit www.IRS.gov. Tax Filing Dates 2014 for Individuals 1/15/14: Deadline for self-employed individuals to file fourth quarter [...]
Being prequalified or preapproved for a mortgage can help you determine how much home you can afford. If you are a potential homebuyer hoping to secure a new home that is within your family’s budget, get prequalified or preapproved for a home loan and determine the mortgage payments you can afford for your dream home. [...]
How will the new mortgage rules affect you? If you're applying for a loan, whether it’s a primary loan to buy property or to refinance, the new mortgage rules matter to you. The new mortgage rules went into effect on January 10th. Basically they say that lenders have to make sure borrowers can afford to repay [...]
QM, or the qualified mortgage rule, kicks in Jan. 10. That means that mortgage lending is about to change somewhat as lenders deal with QM changes and work to meet all the rules they must follow to make a qualified mortgage. If you’re feeling confused—it is a tricky subject—this QM Q&A should clear some things [...]
In a big surprise for the housing market, more American homeowners emerged from deeply underwater mortgages at the end of the year—about a million more than were even expected. During the course of 2013, 1.6 million homeowners moved away from being deeply underwater, which is when a home is worth at least 25 percent less [...]
The rising costs of mortgage insurance could make FHA loans a bad deal for many homebuyers. The Federal Housing Administration, or FHA, allows for low down payments for buyers even if that buyer has a low credit score, but it comes at a high cost. http://youtu.be/2i6Ir-kvImg Many buyers who need a mortgage to buy [...]
If you’re wondering how to rebuild your finances in 2014, here are some money-saving strategies you can use. Now is the perfect time of year to start saving money and making smart financial decisions by taking a hard look at where you are with your money this year. Here are a couple examples to give you [...]
