Before you buy a home, you need to know exactly what you're spending so much money on. But what if the inspection comes back with major flaws? At what point do you walk away from your dream house? That depends on you.
You may have seen advertisements staring celebrities James Garner or Robert Wagner that go something like this... "If you're 62 years of age or older and own your own home..." They're endorsing reverse mortgage loans. But is it a good idea, or are they just trying to make a buck?
You've found your dream home. The asking price is $300,000 -- an amount you've already been pre-approved for by your bank. But is the home really worth that amount? That's the question at the heart of the home appraisal.
You may have heard there's still money in real estate, but it seems so confusing. Is there a way to learn more, mingle with some like-minded people, perhaps find a more seasoned investor to mentor you? Absolutely. Just find a real estate investment club.
When you buy or sell a house, you'll probably encounter a multiple listing service. But some agents are concerned because people sidestep them and instead use the multiple listing services to share information.
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?
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.
Whether it's the inviting blue of a clear summer sky or the cold, impersonal gray of a waiting room, color can actually have a psychological and physical impact on us. But is the impact enough to sell your home?
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.
Foreclosure is a frightening and increasingly common scenario in which homeowners lose their home because they can't make their mortgage payment. Why is this scenario playing out in a neighborhood near you?
Subprime mortgages allow people with a weak or limited credit history to purchase a house. Some people say that subprime lenders prey on minorities, while others claim that subprime lending is why the housing bubble has burst.