The Beatles' John Lennon belonged to one. Madonna was rejected by one. So was former President Richard Nixon. What are they? Housing cooperatives, known as co-ops. But what are they? And why are they so exclusive?
Growing Equity Mortgages (GEMs) are one way to jumpstart your homeownership dream while quickly building equity. If you can afford increasingly higher payments over the years, a GEM may be right for you.
In medieval Europe, property taxes were based on the size of a piece of land: the larger the piece of land, the higher the real estate property tax. Today, property taxes in the United States are based mostly what's on the land, too.
What do you do when you work, but can't pay the rent? Section 8 is a federal housing assistance program designed to help families overspending on rent. However, families must meet stringent income requirements and can spend years languishing on a waiting list for prized housing vouchers.
Investing in income-generating real estate can be a great way to increase your net worth. But for many people, investing in real estate, particularly commercial real estate, is simply out of reach financially. Enter real estate investment trusts, or REITs
The purchase of a home is the embodiment of the American dream, but the road to home ownership has evolved over the years. Did you know that mortgages didn't even exist until the 1930s? Here, we'll explore what finances the biggest purchase most people will ever make.
When I look at the real estate section of a newspaper, I see houses, mobile homes, condominiums, co-ops and townhouses. Why do people use all these different words, and is there really a difference in these types of housing?