Make sure the sales contract on your new house or condominium includes a home inspection clause before you sign it. The inspection clause should clearly state that y ...
Buyers Ulitmately Pay a Price in PMI for Their Low Down Payments
Mortgage lenders have begun requiring home buyers to either make a 20 percent down payment or buy private mortgage insurance in the wake of the mortgage meltdown. So ...
Know About Your Mortgage Loan Possibilities Before House Hunting
Obviously, everyone should know exactly how much house they can actually afford to buy before they end up going online to shop or begin cruising neighborhoods scouti ...
You Have to Live in New York City for 18 Years to make Buying Worth It
The median sale price for a home in New York City is $1.2 million. A key factor when deciding whether to buy or rent with incredibly high prices like these, is to kn ...
Tips to Paying Off Your Mortgage Faster
For homeowners out there- old or new, finally paying off your mortgage is a dream come true. Having this huge financial burden lifted off your back will free up a lo ...
Your Credit Score Will Ultimately Determine the Cost Of Your Mortgage Loan
Your credit score is absolutely crucial when you are applying for a home mortgage loan because a low credit score will inevitably translate to paying higher interest ...
Get A C.L.U.E. Before you Buy your New Home
A C.L.U.E. report stands for a Comprehensive Loss Underwriting Exchange. The "exchange" in this particular situation represents the information that the home insura ...
Are You Ready to Buy a Home?
Naturally, shopping around for a new home can be a very overwhelming and especially daunting task, as it is a life decision you could be living with for the next 30 ...