As we start fresh every year, I try to share my list of resolutions to get your finances in order and help you buy a house. The real estate market hasn’t had much good news for the past few years, and mortgage lenders have gotten even tighter with their lending regulations. This isn’t a particularly [...]
A recap of the 2011 real estate market and the top 4 real estate New Year's financial Resolutions with real estate and personal finance advice Over the past 18 years that we’ve been writing this column, we’ve offered New Year’s Resolutions for home buyer and home sellers, plus New Year’s Financial Resolutions that everyone can [...]
Seller disclosure laws may allow homeowners to sue for fraud or damages of recently purchased house. Home buyers that discover fraud or damages in new home may be allowed to sue under seller disclosure laws. Homeowners should contact a real estate attorney to discover if they can sue for fraud or damages under seller disclosure laws. After purchasing a house and finding damages a homeowner can sue for fraud under seller disclosure laws.
Top 2011 New Year's resolutions to clean up your personal finances. Clean up your personal finances is a top New Year's resolution in 2011. Clean up your personal finances New Year's resolutions include repairing credit history, check credit scores and buying investment property. Your top New Year's resolution should be to clean up your personal finances. Start off the New Year with a 2011 New Year's resolution to clean up your finances.
A HUD home is nothing more than a house that was purchased with an FHA loan that has since fallen into foreclosure. (I’m not sure why these homes aren’t called “FHA foreclosures,” which would be more intuitive for home buyers and investors, but the Department of Housing and Urban Development [HUD] is the federal office [...]
Buying a foreclosed property might include taking ownership of unpaid back taxes. If you buy a foreclosed house with liens or back taxes, you could be held responsible for paying the liens and back taxes upon purchase of the home or property. Buying a short sale should not make a buyer subject to liens or back taxes. Know the difference between a short sale, foreclosed property and an REO property and make sure you research the property to see if the home has any unpaid real estate taxes or liens.
