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Real Estate Resource, US Real Estate

A Little? A Lot? Down Payments and Your House Payment

By Guest Author | December 28, 2012
Your down payment represents the initial blood, sweat and tears that you put into your new home. It’s one of the factors lenders review when evaluating a mortgage application along with credit, income and job history. But how much is the ideal amount for a down payment?
Coaching, US Real Estate

How Credit Scores Work and Ways to Improve Yours

By Mike Wheatley | August 2, 2012
As credit has become more easily available in our society, your credit report, and subsequently your credit rating, has become more important in your every day life. Your credit rating affects all aspects of your finances when it comes to borrowing money, especially when it concerns real estate.
Mortgage, US Real Estate

Considering a Loan Modification: The Legal Ramifications

By Mike Wheatley | March 24, 2012
Imagine this ! You purchased your home and have been making your payments diligently every month for the last 4 years. The real estate market value in your area has dropped and you find yourself "upside down" in your loan. (You owe the bank more than what your home is worth). So what's your next move?
Investing, Mortgage, Real Estate, US Real Estate

Time Is Running Out For Avoiding Taxable Income On Your Foreclosure

By Donna S. Robinson | March 12, 2012
It seems that the ultimate "insult-to-injury" scenario would be to lose your personal residence to foreclosure or a short sale, then find out that you owe taxes on the "income" you "received" as a result. But that is exactly what could happen to millions of homeowners who will face foreclosure or be forced into a short sale on their personal home after December 31, 2012.
Real Estate, US Real Estate

Home Builders Respond Positively to Obama's Address

By Tavis J. Hampton | January 26, 2012
The National Association of Home Builders (NAHB) offered its response to President Barack Obama’s State of the Union Address, praising his remarks regarding foreclosures and efforts to help homeowners stay in their homes. The President’s refinancing plan will continue to help homeowners stay in their homes, the NAHB said, as millions continue to struggle unemployment […]
Real Estate Investing

Is Now Really Such a Great Time To Buy?

By Mike Wheatley | May 10, 2011
“Now is a great time to buy” Yeah, we’ve heard that so many times over the last few months, and no doubt so have you. We wouldn’t be surprised if you were actually sick of hearing it, it’s been repeated so much over the last few months. But, according to Zillow at least, now really […]
Coaching

Why Is a Tip Top Credit Score Important?

By Reno Charlton | January 11, 2011
It is no secret that today's economy is as challenging as at any time for the potential home buyer. Forget what sellers are going through now, if your credit is even a bit tarnished you may stand little or no chance of buying a home. And this is the way it may be for the foreseeable future. Here are some tips about credit you may not know.
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