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Elizabeth's Home Buying / Selling Blog May 2009 Archive

By Elizabeth Weintraub, About.com Guide to Home Buying / Selling

Here Are 15 Reasons to Sell

Friday May 29, 2009
Home sellers generally have several reasons to sell. When is it a good time to sell? When you have a good reason to sell. Often spouses or partners are split over ... Read More

How to Protect Your Privacy When Your Home is for Sale

Wednesday May 27, 2009
Should you worry about protecting privacy while your home is for sale? You bet. My late father-in-law, a journalist at the Chicago Sun Times, used to refer to himself as a ... Read More

When Do You Make Your First Mortgage Payment?

Monday May 25, 2009
You don't make your first mortgage payment at closing. But you do pay everything else at closing. In California, it is customary for the buyer to pay for an appraisal in ... Read More

Is a Short Sale Right For You?

Friday May 22, 2009
If you owe more than your home is worth, you may still be able to sell it on a short sale and get out from under that debt. Short sales are ... Read More

Tenants in Common Own Undivided Interests

Wednesday May 20, 2009
More and more investment brokers are now advising groups of buyers to purchase property as tenants in common, bypassing traditional methods — such as forming limited partnerships or corporations — ... Read More

Not Every Buyer is Really Ready to Be a Home Buyer

Monday May 18, 2009
How do you know if you're ready to be a home buyer? For starters, most buyers spend a lot of time thinking about their dream home. They know how many bedrooms ... Read More

For Seniors, Reverse Mortgages Pay You Instead of the Other Way Around

Friday May 15, 2009
Retirement isn't the only reason to get a reverse mortgage. Some home owners take out reverse mortgages to pay off debt, make repairs or go on a vacation. Others get ... Read More

How Do Discount Brokers Work?

Wednesday May 13, 2009
Discount brokers typically charge less than full-service brokers. Most home buyers and sellers are interested in saving money. Discount brokers offer lower prices. But with those lower prices generally come ... Read More

Here is Why REO Agents May Not Return Your Phone Call

Monday May 11, 2009
Many home buyers and buyer's agents are complaining that REO agents don't call back. It's hard for a prospective home buyer to fathom why REO agents rarely return telephone calls. Usually ... Read More

Selling Your Home Subject to Buying a New Home

Friday May 8, 2009
It's not unusual for a seller to insist on selling contingent, subject to buying a new home. Last week we discussed contracts contingent on the buyer selling a home. But ... Read More

How to Recognize a Bad Home Inspector

Wednesday May 6, 2009
A buyer for one of my listings hired such a bad home inspector that the guy couldn't tell the difference between a flood line on the wall and a paint ... Read More

How Long Should You Wait for Short Sale Approval?

Monday May 4, 2009
Waiting for short sale approval can be agonizing, especially for first-time home buyers. Some banks such as Countrywide, for example, move files through a minimum of two phases. During the first ... Read More

How to Buy, Fix and Sell Real Estate

Friday May 1, 2009
When I bought my first house under the buy, fix and sell concept, I didn’t know the difference between a framing hammer or a ball-peen hammer. My hammer was actually ... Read More

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