by Wade | Aug 12, 2010 | Blog, Buyers
By Dave Hill, Prime Mortgage Short sales continue to rise! Short sales, a sale in which the homeowner sells for less than the mortgage amount, continue to rise. Market survey data indicates that, nationwide short sales are growing, although the rate of growth...
by Wade | Aug 11, 2010 | Blog, Buyers, Market Data, Sellers
Great market update from Inman News. With distressed homes accounting for a smaller proportion of sales nationwide, median prices for existing homes were up from a year ago in nearly two-thirds of the 155 metro markets tracked by the National Association of Realtors...
by Wade | Aug 2, 2010 | Blog, Buyers
By knowing how much mortgage you can handle, you can ensure that home ownership will fit in your budget. Here are six surefire ways you can get your finances in order before you buy a home. Homeownership should make you feel safe and secure, and that includes...
by Wade | Aug 2, 2010 | Blog, Buyers
When you’re evaluating how much home you can afford, make sure you factor in the tax advantages of homeownership. You can claim some tax deductions if you work from home, but be sure you’re entitled to them before taking them. Image: Jupiter Images/Getty...
by Wade | Aug 2, 2010 | Buyers
It’s a buyers market right? You can’t go wrong with all of the “deals” out there. Slow down! You still need to be cautious of some key mistakes buyers are making in today’s market. Here are a few I see everyday: Failing to find a good...
by Wade | Aug 1, 2010 | Blog, Buyers
What is the Federal Housing Administration? The Federal Housing Administration, generally known as “FHA”, provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories. FHA insures mortgages on single...