A little over a year ago Warren Buffet told the shareholders of Berkshire Hathaway Inc. that he had confidence in the housing market slump coming to end sometime in 2011. The latest postulations are that the housing market won't make a full recovery until 2014. This is an estimate provided by a study jointly initiated by … [Read more...] about First it was 2010, then 2011, then 2012, Now 2014: When Will We See Recovery?
Real Estate Buying A Home
Many homeowners take a tax break on the interest they have spent on their mortgage the previous year. However, if the Obama administration has its way, the mortgage interest tax deduction might soon be a thing of the past. Last year, Congress rejected proposed cuts to the mortgage interest tax deduction, but the White House … [Read more...] about Mortgage Interest Tax Deduction On Table For Cuts
As the recession lingers, many people have looked into buying a mobile home. Why is that? Mobile homes, in short, are low-cost housing. For what can be the price of renting an apartment, you can live in a house. There are pros and cons to buying a mobile home, so find out before you buy. There are really two types of mobile … [Read more...] about Why Buying A Mobile Home May Be For You
Since the subprime mortgage crisis, lenders have changed how they look at prospective borrowers. The rules today may be different, but home buyers also may not understand the reality of today's market. Here are some tips about buying a home now. Home buying facts It is a good time to consider home ownership. The … [Read more...] about Learn These Home Buying Tips
Getting a mortgage isn't always easy, and getting a mortgage for self-employed people can be even more difficult. If you are self employed and have decided to try and buy a home, the first thing you might want to think about is how to make yourself look good to lenders so they will want to give you a mortgage. How do you do … [Read more...] about Self-Employed? How To Increase Your Chances For A Mortgage
If you are self-employed, don't give up hope of ever buying a home. You may have heard that regular, W-2 employees have and easier time getting loans, and get loans with lower rates. While it's true that some banks may not want to loan to a self employed borrower due to the increased risk that may be involved, it is also true … [Read more...] about Mortgage Options For Self-Employed People
I pretty much chalk this post up to ignorance. Not bad ignorance - just the kind of ignorance that stems from some real estate agents not knowing all that they need to know to properly serve their Military/Veteran clients. Clients here are either buyers who want to use their VA loan eligibility to purchase a home or to sellers … [Read more...] about Are VA Loans Getting A Fair And Just Place In Homebuying Transactions?
Have you thought about buying a home? With the housing meltdown, there are many great deals on the market. However, many people believe they cannot afford a home or that they can save enough for a down payment. A recent Fannie Mae National Housing Survey from Fannie Mae shows the four top reasons that will prevent future home … [Read more...] about National Housing Survey Shows Top Reasons For Not Getting A Mortgage Loan