One year ago in April, FHA increased the upfront mortgage insurance premium from 1.75% to 2.25%. Then in October, they reduced it back down to Read more
First-Time Buyers
It’s been a rough week with 2 funerals, so please forgive the lack in posts recently. Hopefully we’re on the path to making 2011 great Read more
Last year, we saw the end of the $8,000 Federal Tax Credit to first-time home-buyers. Many people were sad to see it go, however, you Read more
Back in December I did a post called “The Mortgage Interest Deduction (MID) Should be Left Alone,” while that’s still up in the air, President Read more
Heading into December, the market will start to cool off, along with the temperatures. Normally, fewer properties will go on the market so fewer things Read more
In my afternoon post-lunch slump, I usually browse CNN for interesting stories going on around the world. I was surprised to see a story on Read more
John Paulson said in a recent Forbes article: “If you don’t own a home buy one…if you own one home, buy another one, and if Read more
Some definitions from the owning/buying viewpoint:
Cooperative (co-op)
A type of multiple ownership in which the residents of a multi-unit housing complex own shares in Read more
I received a comment yesterday on my blog post, “Our House Isn’t Worth What We Paid: What Are Our Options?”
“What about comparing the cost Read more
Before I launch into my rant about Dual Agency, I need to do a brief vocabulary lesson:
Listing Agent: The Realtor(R) hired by the SELLER Read more