Reader Question: “I would like to take advantage of the lower interest rates, but as many people, my mortgage is upside down. If I already have the loan and I am completely capable of making the payments, what is the increased risk for banks to refinance me to a lower rate? This makes [...]
Reader Question: “I have a mortgage on an ARM loan owing about $126,000, and a home equity on an ARM for about $32,000. I had my home just appraised in the last week and found out that it came back at $87,000. Are there any programs out there for people as myself with an upside [...]
Reader Question: “I am planning to sell my house on my own next year. How do I market my FSBO home to potential buyers in my area? Do I need an agent to put it on the MLS websites?”
In this article, you will learn my super-secret formula for FSBO marketing success. I have used this [...]
The Internet makes it very easy to shop for homeowners insurance, and to compare home insurance quotes from different providers. But before you can compare these quotes, you have to understand a few things about homeowners coverage. Here is some information to help you shop like a pro.
How to Compare Policies Online
There are dozens of [...]
Question: “I’m planning to refinance my home next year, if my equity holds out. Who is the best lender for home refinancing loans these days? Does it matter which lender I use, or does it all come down to the interest rate?”
The answer to your second question would be yes and yes. It does matter [...]
Question: “I want to use an FHA loan to buy a house, because I don’t have much money saved for the down payment. I was told I can put 3% down through this program. What are the eligibility requirements for FHA home loans in 2010?”
We need to clear up some misinformation first. Then we can [...]