Archive for: January 2007

Condos are now a buying market according to the National Association for Realtors.

Condos in the last few years have appreciated faster then single family homes.  Condos are still selling well if the price is right. This is a good time …

Speculators - Investors - End Users- the Second to Fifth Home Market

Speculators flip the properties to get a quick profit.

Investors hold property longer and consider real estate a tangible asset.

End users seek a primary home.

Second to Fifth - the wealthy have …

Here are some helpful hints.

Get pre-approved - estimate 4%-10% lower - it is good to know what you can afford. 

Get a good real estate agent.  One that works for you and at your convenience. You want someone that knows the …

Inspections - you need to have someone inspect the house.  Someone who does it thoroughly so that your dream home doesn’t turn into the money pit.

Check the market value of the house.  Is it worth the price.

A home buyer should …

To avoid wasting money on points that will not benefit you when you are refinancing your mortgage here are a couple of tips.

Points are prepaid mortgage interest paid in exchange for lowering the interest rate.  A point is 1% of …

The housing market is declining. So what do you do?  Keep your house up-to-date.  There are many improvements you can make to keep the value of your home.

Lock in the value of your property at it current value so you can sleep …

How much of a mortgage you can afford is up to you.  It includes many factors such as you income, savings, the location, your personal preferences on what you want, and the plan you have in place.

The easiest way to …

Moving is a pain.  So choosing the right moving company helps.  Look for free estimates.  Make sure you show them any large items that can have an effect on the price.

Make sure the moving company has insurance.  If something gets …

Buying a condo has many advantages.  There are many different styles.  Older ones may be apartments classified now as condos.  Some are contemporaty and up to date. 

One advantage obviously is the price.  A 2 bedroom condo will usually always be …

A common type of mortgage is a cash back mortgage. This can occur when a real estate agent is setting up a deal to sell a specific home or the person has perfect or near perfect credit. 

Usually the cash back …