If you are reluctant to purchase a home for fear that home values will continue to fall, an insurance policy is now available that will protect your purchase against further declines in value. There are certain conditions and deductibles to be aware of when deciding on whether purchasing this coverage makes sense for you. Read … More Now Available- Home Value Insurance!
Straightforward discussion on the topic. Pros, Cons of Reverse Mortgages, posted with vodpod
As housing prices continue to move lower in many communities, many more would-be homeowners are comparing the benefits of buying versus the benefits of renting. This Smartmoney.com article provides a good basis for those weighing their options to look not only at the financial comparisons but the other factors that may affect one’s decision in … More Rent or Buy a House Calculator
Many experts are now saying that it is the baby boomer generation that are most likely to take the housing market out of the doldrums. According to this article in AOL Real Estate, not only does this group have the most equity in their present homes, but many at this stage of life are seeking … More Will Baby Boomers Rock the Housing Market?
With loan caps on FHA loans set to drop from $729,750 to $625,500 effective September 30, 2011, some 5 million homes will be affected by this change based on the fact that the pool of buyers for those higher priced homes will become smaller due to their inability to come up with a higher downpayment. … More Will expiring loan limits kill my sale?
Nationwide, the housing market remains in a slump, however there are some areas where the turnaround may be starting to take hold. According to this CNN Money article there are certain questions that you should ask in order to see where your local real estate market lies on the recovery spectrum. Read article