Home DownsizingWhen your children are grown, graduated from college, married, and starting down their own career path, you will be thinking about retirement and downsizing to a smaller home, townhouse, or apartment. While downsizing can be a Continue Reading
Flip or Rent the Property Though the world of real estate investing can be very complex and intricate, the basic decision as to what a real estate investor does with a property he or she is considering purchasing is more or less binary. The Continue Reading
Create a Gorgeous Thanksgiving TableAccessorize with Nature. Stroll through the neighborhood and gather leaves, branches, and pine cones. Or if you don’t feel like going on a scavenger hunt, go to your local grocery store for pumpkins, gourds, Continue Reading
Understanding Home Buying Settlement Although people often use the terms closing costs and settlement costs interchangeably, they actually refer to separate circumstances. Both of these terms, however, are part of the process of buying a Continue Reading
Mortgage Points When a borrower obtains a mortgage, points are commonly included in the closing costs. Mortgage points come in two different types - origination and discount. Origination Points Many lenders charge origination points when a borrower Continue Reading
Shadow Banks are on the Rise: Should You Be Afraid?‘Shadow Banks’ Are on the Rise for Home Loans: Should We Be Afraid?Where do home buyers go for a mortgage? To a bank, of course—or at least that’s what many might think. Yet a new force has taken Continue Reading
Your Home EquitySimply stated, home equity is the value of your home once all outstanding debts have been subtracted. You might also hear home equity referred to as "real property value," because it is the amount of money that the homeowner would be Continue Reading
