Author Archives: Bankrate.com

Can Title Insurance Save Your Home?

This excellent article from Bankrate.com explains title insurance and how it works for you.

What’s Hot and What’s Not in Housing

What’s hot in new homes? Fewer walls, more toys.

Buyers are looking for open spaces in the main area of the home with oversized kitchens that flow into large family rooms. When it comes to the master bathroom, buyers are looking for a little luxury.

“We’re basically seeing larger kitchen areas and more open floor plans with [...]

How to finance a fixer-upper

Finally, you’ve found a foreclosure house that’s in a great location and falls within your budget. But … it needs work. Major work. You’re wondering just how you can swing both a mortgage payment and the cost of repairs or renovation.
Fortunately, you have several financing options available. These include the Section 203(k) mortgage, available through [...]

Nehemiah Program Update

Back in September 1997’s Marketing Mania column, I wrote a story about the Nehemiah Down Payment Assistance program entitled “Investors  Get Full Price and Cut Your Holding Costs in Half?”
Since that time I had clients ask me for more information on the current status of this great down payment assistance program for buyers. I [...]

“In Foreclosure” Owner Options

Before you buy a home from someone IN foreclosure (notice of default or lis pendens filed on their property), you must first understand what they are going through.
If you are wondering “WHY does someone end up in foreclosure?” here are the Top Ten Reasons:

Drugs, alcohol or gambling problems
Divorce and Marital problems in general
Consumer overspending
Excessive borrowing [...]

“In Foreclosure” Owner Options

Before you buy a home from some IN foreclosure (notice of default or lis pendens filed on their property), you must first understand what they are going through.
I found the following series of articles extremely informative, and a MUST READ to all pre-foreclosure investors or buyers. Once you understand the mind set and options of [...]