FHFA Plans to Ease Lending Standards



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Federal Housing Finance Agency Director Mel Watt on Monday announced plans to expand home buyers’ access to mortgages by loosening up lending standards. During the Mortgage Bankers Association’s annual conference, Watt said FHFA will release guidelines “in the coming weeks” to allow increased lending to borrowers with down payments as low as 3 percent. FHFA, […]

Reasons NOT To Claim On Your Home Insurance



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In some states, all it takes is just one claim to a home owner’s property insurance to see premiums soar by hundreds of dollars. Filing a single claim can result in a monthly premium increase of 9 percent, according to a study by InsuranceQuotes.com.

Don’t Want To Reveal How Much You Paid For Your New Home?



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Clients who recently purchased a new home might find themselves in an awkward place when an inquiring mind – a friend, neighbor, colleague, or relative – questions them about the price of their home

50 Ways You Can Use Evernote To Manage Your Real Estate Business



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Evernote can become one of your most valuable business tools if you develop habits and set up automation to save information, locate it when you need it, and share it selectively with clients or other business contacts.

What Makes a Good Rental Property?



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What makes a good or great rental property is a personal decision. It depends on the types of tenants you want to deal with. The vacancy rate you’re willing to deal with (which can include vandalism and other property crimes). The amount of profit you want to earn on your investment. And a host of […]

Things to Avoid When Buying a Home



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Even though fall is here, and there may be fewer listings, those homes that are on the market are being sold by motivated buyers who intend to keep their property on the market even through the holidays. It is worth having a list of things to avoid when looking for a new home. Buying a […]

Helping Your Parents Purchase a Home



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You often hear of cases where parents have helped their child to buy a home, but it is rarer for it to happen the other way round. This could be the case if the children are very successful and want to help their parents buy a nicer home, or perhaps when their current house no […]

Crowdfunding Comes to Chicago Commercial Real Estate Investing



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In 2012, Congress passed legislation that would allow equity crowdfunding. Since last year, crowdfunding has grown exponentially, opening vast new opportunities for investing in commercial real estate.

Remember The Milk: A Free Task Management Tool for Real Estate Pros



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If a real estate professional intends to operate efficiently from anywhere using online tools, then it’s very important to have a functional task management system.

$680K Luxury Home Built on the Wrong Lot



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Builders spent six months building a custom 5,300-square-foot house with ocean views in Hammock Dunes, Fla., but when the Missouri couple who had the home built went to look at their new beachside abode, they found an empty lot.