Buying Foreclosures, Short Sales & REOs
Monday April 30, 2007
Many parts of the country are seeing an uptick in foreclosures. While it is distressing news for sellers who find themselves facing foreclosure, it is also a ripe opportunity for ... Read More
Review of Nolo's Essential Guide to Buying Your First Home
Friday April 27, 2007
Nolo puts out a lot of good legal information geared for the average consumer, and
Nolo's Essential Guide to Buying Your First Home is no exception.
When I think back to some ... Read More
Do Mortgage Brokers Represent Borrowers?
Wednesday April 25, 2007
For the most part, professionals engaged by a buyer in the home buying process represent the buyer. A real estate lawyer hired by a buyer represents the buyer. A real ... Read More
Buying For Sales By Owners
Monday April 23, 2007
I bought one of my first homes from a For Sale by Owner, a FSBO. It was a quaint Cape Cod two-story with hardwood floors, an add-on family room, four ... Read More
Bridge Loans Help You Buy When Selling
Friday April 20, 2007
Overall, buyers who need to sell a home before buying a replacement home are better off in the long run by taking out a home equity loan instead of a ... Read More
Selling on a Land Contract: Tips for Sellers
Wednesday April 18, 2007
Home buyers have many advantages when it comes to home buying on a land contract. But sellers have more drawbacks. That's not to say it's not a good idea for ... Read More
How MLS Works
Monday April 16, 2007
My neighbor across the street told me I did not need to send her MLS listings because she could access them online. For a moment, I wondered if maybe she ... Read More
Removing a Contingency to Sell Your Home
Friday April 13, 2007
Sellers generally don't advertise that a contingent offer is acceptable. In fact, some won't even consider a contingent offer -- meaning the buyer needs to sell an existing home before ... Read More
Before Choosing a Mortgage Broker, Get Answers
Wednesday April 11, 2007
I received a call yesterday from a reader in Louisiana who works as a mortgage broker. He wanted to know how he could get more referrals from real estate agents. ... Read More
Fixed-Rate Mortgages Remain Best Option
Tuesday April 10, 2007
I'll admit that I have used adjustable-rate mortgages in the past. But that was for buying properties that I knew I would not be living in for very long -- ... Read More
Evaluating Your Real Estate Agent
Friday April 6, 2007
Knowing which questions to ask a real estate agent during an interview is one thing. But figuring out how to evaluate the answers you receive is an entirely different matter. ... Read More
Why are Subprime Mortgage Lenders Crashing?
Wednesday April 4, 2007
Although not all subprime mortgage loans involve borrowers who are poor credit risks, I'd say most subprime loans are those that fall outside the scope of traditional lending practices. That ... Read More
Doing a For Sale By Owner: Tips to Help You Sell Fast
Monday April 2, 2007
Sellers who decide to sell as a For Sale By Owner -- a FSBO, without representation -- often start out with the best intentions; however, most of them end up ... Read More

