Finance Blog
Mortgage Lenders Cracking Down on Single-Family Rentals
Written by Steve Cook on November 26, 2012
4 comments
Have you moved and decided to rent out your old house rather than sell it at today’s depressed prices? Are you renting out your vacation property? Did you buy a foreclosure or short sale with a residential mortgage and—after you fixed it up—begin renting it…
Making the Best of a Short Sale
Written by Ilyce Glink on November 12, 2012
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In the dreary real estate market, short sales are quickly becoming the new foreclosures— and that’s actually a good thing. A short sale is not an ideal way to get out of a mortgage you can’t afford, but it’s better than foreclosure, which causes severe…
Foreclosures Are a Tale of Two Cities
Written by Steve Cook on November 7, 2012
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If you live in one of the nation’s largest cities, you might be wondering why foreclosures are getting worse in your real estate market than they are nationwide despite the encouraging headlines reporting that foreclosures are finally on the decline. The truth is that the…
Fall Home Maintenance—Inside and Out
Written by Ilyce Glink on October 31, 2012
4 comments
As fall ushers out summer, this month marks a good time to prepare your home for the chilly air, falling leaves, and impending winter months. Summer is too much fun to do home maintenance, and winter’s ice and snow bring too much hassle, but I…
Which Housing Markets Are Hot and Which Are Cold?
Written by Steve Cook on October 22, 2012
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As we know, all real estate is local. That’s especially true when it comes to home prices. A variety of local factors impact supply and demand, and they can cause prices to rise in one housing market when, not very far away, another market may…
Mortgage Closing Costs Fall as Consumers Save
Written by Steve Cook on September 27, 2012
8 comments
Right now, for homeowners who are looking to refinance and homebuyers taking out a purchase mortgage, there’s a lot of good news when it comes to closing costs. Closing costs have fallen this year almost as much as they rose last year, though they can…
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