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Category: Home Buying
Loan Modification is Stressful; Know Your Options
When the Obama administration rolled out the Home Affordable Modification Program (HAMP) in 2009, officials estimated 3 to 4 million borrowers would seek relief from their mortgages through the program amidst the worst recession and housing market collapse in decades.… … Read more
NAR Home Buyer and Seller Survey Reflects Tight Credit Conditions
Recent home buyers are staying well within their means with notably higher incomes and modestly higher down payments than buyers in the previous year, due to the restrictive mortgage credit environment, despite historically favorable housing affordability conditions, according to a… … Read more
Find the Right Home: HomesDatabase.com Unveils ‘Lifestyle Search’
MRIS, the Mid-Atlantic region’s multiple listing service (MLS) marketplace that facilitates billion in yearly sales, has launched a new “Lifestyle Search” feature as a major upgrade and enhancement to its consumer website HomesDatabase.com, the organization has announced.
Not All Home Inspections Are Made Equal
A home inspection is a crucial component of making a smart home-buying decision. According to Jay Gregg, director of marketing for Pillar To Post, not all home inspections are equal. Gregg, who has experience in home inspections, sales marketing and… … Read more
How to Predict Local Home Prices
You’re about to put an offer on a home, but you’re worried that prices will sink and you won’t get the best deal. You’re putting your home on the market and you want to get the most you can for… … Read more
Five Ways to Fight a Low Appraisal
What do you do when the appraisal on the dream home you want to buy comes in below the price in the offer the seller has accepted—even as much as 10 to 20 percent below? Chances are that raising the… … Read more
95 Percent of Refinancing Borrowers Choose Fixed-Rate Mortgages
In the second quarter of 2011, fixed-rate loans accounted for about 95 percent of refinance loans, based on the Freddie Mac (OTC: FMCC) Quarterly Product Transition Report released yesterday. Refinancing borrowers clearly preferred fixed-rate loans, regardless of whether their… RISMedia … Read more
MONEY Magazine Reveals Annual “MONEY’s 100 Best Places to Live in America”
“MONEY” magazine has revealed the 2011 list of “MONEY’s 100 Best Places to Live in America,” highlighting small towns across the country with populations of 50,000 or less. For the annual cover-story, on sale August 19, MONEY looked for places… … Read more
6 Tips for Success at Real Estate Auctions
RISMEDIA, July 5, 2011—With foreclosures flooding the real estate market, many property buyers and investors are hitting the auction circuit looking to capitalize on the next great deal. For those that are new to the auction block, there are a… … Read more
The Value of Home Warranties: Protect Your Wallet
RISMEDIA, June 30, 2011—Even with home sales and prices continuing to fall nationwide, millions of Americans will still navigate the process of buying and selling homes this summer, and for many, the sheer volume of details and decisions can be
