ARCHIVED BLOG POSTS
2008
Which type of mortgage is right for you? There are many types of mortgage loans, from the traditional 30-year fixed-rate mortgage to hybrid loans and interest only loans. What does each mortgage loan program offer? Learn more about the different types of mortgage loans in this Expert Real Estate ...
12/30/2008
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What is a stated income loan or no doc loan? Mortgage lenders require a property appraisal and good credit score among other items to qualify for a stated income loan. What are the benefits and who can qualify for this type of loan? Watch this Expert Real Estate Tips segment to learn more about w...
12/26/2008
Summary: With stock values falling in 2008 some Americans may be considering doing a mortgage payoff using IRA money. Is it a good idea to pay off a mortgage with an IRA withdrawal? If you do use IRA money to pay off a mortgage don't forget to account for additional taxes. Another option if you c...
12/23/2008
What is a short sale? When you owe more on your home than it's worth you may want to do a short sale. In a short sale the bank forgives some of what you owe them. It's more cost-effective for a bank to do a short sale than foreclose on a home. Short Sale or Foreclosure: Will You Save Money? Man...
12/22/2008
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New Year's Resolutions For Home Buyers As we get ready to say goodbye to 2008, it's worth looking back at the year that was for home buyers, sellers and homeowners. Frankly, I wouldn't be surprised if this year goes down as one of the worst-ever for housing since the Great Depression. Housing val...
12/22/2008
Summary: Gone are the days when you could buy a home with no money down and poor credit. Poor credit home loans are difficult to obtain. Banks aren't making home loans to borrowers with poor credit after the credit crisis. What can someone with little savings and poor credit do to prepare to buy ...
12/19/2008
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How can you protect yourself from costly mistakes when buying and selling a home? How can you save money when you're looking at real estate? Educate yourself on the process, do research on your property and find a good agent to represent you. Real estate research in all areas of the real estate p...
12/19/2008
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By Ilyce R. Glink and Samuel J. Tamkin Summary: In a short sale, a bank agrees to let a homeowner sell a home for less than what the homeowner owes the bank on the mortgage. But what happens when a short sale falls through -- when the home seller changes his mind at the last minute? The short sal...
12/19/2008
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What's the real estate market like at the moment? Agents from Southern California describe the real estate market. Because the 2008 real estate market is flooded with inventory, it's a buyer's market. Current real estate market conditions make financing a challenge. View this segment to learn mor...
12/19/2008
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Many things can go wrong when buying a house. You'll want to be sure to protect yourself so that nothing goes wrong when you buy your house, the biggest purchase you'll ever make. How to avoid common mistakes home buyers make, including being afraid to ask questions or being suspicious of the r...
12/18/2008
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Ilyce Glink
Best-selling author, award-winning TV/radio host.