When you decide it’s time to purchase a home, you need to learn all that you can about the payment options that are available for you so that you can decide which one will best suit your needs. One popular option is the shared ownership mortgage. (more…)
We all need somewhere to live, and its better to be paying off a mortgage than burning your money on a rental property. Having bad credit can make things a little more difficult to get a mortgage, and you will probably have to pay a higher rate of interest (for a while), but don’t let that discourage you as there are plenty of lenders out there that will help you. (more…)
The National Association of Realtors announced today that existing home sales in August were down 2.2 percent as compared to July 2008.
With current market conditions spurring foreclosures, it only makes sense that buyers would want to take advantage of housing prices well under market value. But what’s the deal? Is this idea way too good to be true? Does buying a home that’s been foreclosed on make you a Good Investor or a Risk Taker? Here we'll explore the pros, cons and precautions to take when buying a foreclosed home.