As the travel season heats up, many Americans will make their annual trek to the family timeshare, perhaps on a secluded lake or a scenic beach. The American Resort Development Association, a trade organization for the timeshare industry, reports that there are currently more than seven million timeshare owners. Deciding to buy a timeshare Whether [...]
How to buy your parent's house. When they're ready to move out and you're ready to move back in, here's how to go about buying your parent's house. Your parents are ready to move out of their house. They want to sell it to you for cheap, so they get a little cash and you [...]
You’ve done all the right prep work to buy a home. You saved for a down payment, cleaned up your credit, and got pre-approved for a mortgage. You found a home that you can afford, and now the days are ticking down to closing—and everything seems too good to be true. Unfortunately, it could be. [...]
(Scroll down for video) If you’ve been thinking about buying your first home, this could be the year to finally pull the trigger. But with all the information out there about the real estate market, it can be difficult to determine what it all means for a first-time homebuyer like yourself. Before plunging headfirst into [...]
The housing market right now is a “crapshoot.” Economist Karl Case—co-founder of the heavily-followed S&P/Case-Shiller home price indices—told CNNMoney that today’s housing market is nothing like the predictable pre-crash housing markets, where you could bank on small but reliable price appreciation every year. "You've got much more negative vibrations in the housing surveys about homeownership [...]
Growing up, I was constantly told that buying a home was the American Dream. When I was in the military, I was sometimes looked down upon because I was a renter, but it just made more sense for me at the time. Here are four reasons you might consider renting rather than buying a home: [...]
Which cities are the best for recent college graduates looking to settle down? With the economy still in recovery mode, a sluggish job market and staggering student loan debt, college graduates have a lot of obstacles in their path to success. According to Homes.com, several cities around the country are more promising than others, offering [...]
This article was written by guest blogger Steve Cook. Many of the important differences between buying a condominium and buying a single-family home are obvious: living space, neighborhood type, yard, maintenance, convenience, amenities, security, utilities, and transportation. However, there are some lesser-known, and often overlooked, differences that should also be considered when deciding between a [...]
Now that prices are rising and the number of homeowners defaulting on their mortgages has slowed to a trickle, you might think it’s impossible to find a deal on a foreclosure. There’s no doubt the foreclosure picture has changed dramatically in the past two years, but there are still many discounted properties available if you [...]
Among all the paperwork that is exchanged during the home buying process, the Good Faith Estimate is arguably the most important piece of information a mortgage lender will give you. A Good Faith Estimate, or GFE, is a document your lender gives you that describes the basic terms of the loan and estimates how much [...]
