"An increasing number of homeowners in 2015 have been cashing out the home equity they've gained during the housing recovery of the past three years," says RealtyTrac vice president Daren Blomquist. Home sellers realized an average price gain of $40,658 (17 percent) on their purchase price, the highest gain in eight years. Click Here to find out how much the value of your home has increased. Buyers using Federal Housing Administration loans (typically low down-payment loans designed for first-time buyers or those with low … (0 comments)
If you are in the market for a home, especially your first one, the process can seem a bit overwhelming. Fortunately, the Fool is here to help. We asked three of our analysts what prospective homebuyers need to keep in mind, and here is what they had to say.
One very important thing to do when you buy a house is to shop for a mortgage. This sounds easy enough, but you'd be surprised how many people think all banks offer the same rates, or that shopping around for a mortgage will be devastating to their credit score. … (0 comments)
condos: Condos for less than the cost of a Corolla
- 08/17/10 12:12 PM
The housing bust has made owning a home a lot more affordable -- but in some places, prices are extraordinary; you can buy a nice condo for less than the cost of a new family car. Some cities have dozens of attractive condominium listings selling for $50,000 or $25,000. There are some selling for less than a new Toyota Corolla. And these are not derelict hovels in crime-ridden communities: These homes are often in move-in condition and located in nice neighborhoo
"Not to sound like a salesman, but there are some real bargains out there," said Kevin Berman, a … (1 comments)
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