GOP’s tax plan would have a huge impact on how you buy a home

~ very important ~ GOP's tax plan would have a huge impact on how you buy a home The GOP's new tax plan would deal a blow to many would-be homeowners. The 429-page Tax Cuts and Jobs Act was revealed Thursday and is being billed as a boon for hardworking middle-class Americans. But Republicans have proposed … Continue reading GOP’s tax plan would have a huge impact on how you buy a home

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10 ways new regulations make buying a home harder

10 ways new regulations make buying a home harder The subprime mortgage crisis is history for most Americans, and in its wake federal regulators have implemented rules to try and avoid a repeat of the housing meltdown. Since then, both the economy and housing market have stabilized, yet regulations remain highly restrictive, contributing to some … Continue reading 10 ways new regulations make buying a home harder

The 10 worst things you can say to a mortgage lender

The 10 worst things you can say to a mortgage lender Don't Say These Things to a Mortgage Lender Getting a mortgage loan is an involved process that requires a full examination of your financial background. You’ll likely have to answer countless questions and complete a mountain of documentation. And you’ll probably have your own … Continue reading The 10 worst things you can say to a mortgage lender

Closing on a home soon? Hopefully it’s not in this city

~ Not Happy Riverside made this list :/ ~ Closing on a home soon? Hopefully it's not in this city We set out to find what you’ll be charged in the 30 biggest cities to close on a home. The city with the highest closing costs has taxes to thank. It costs 255 percent more … Continue reading Closing on a home soon? Hopefully it’s not in this city

A new way to buy a home

~ I love this idea. I know when I bought my first home with FHA my husband and I in our early 20s didn't have enough cash saved yet for a down payment, so my father-in law gifted us the money (only $2800 at the time), but not everyone has someone who can do the … Continue reading A new way to buy a home

Rising heat in home prices makes buyers rush to riskier mortgages

~ alternative financing is not always a bad thing, just make sure you are well educated in what it means for your future. Any questions? I'm here ~ Rising heat in home prices makes buyers rush to riskier mortgages  © Provided by CNBCAn aerial view of a retirement community in Central FloridaHome prices are heating … Continue reading Rising heat in home prices makes buyers rush to riskier mortgages

Where Should You Invest the Cash For Your Next Down Payment?

Low Down Payment

Where Should You Invest the Cash For Your Next Down Payment? by Scott Trench | BiggerPockets.com By Scott Trench updated September 10, 2017 Investor Financing & Creative REI It’s a common question from folks saving up to buy their first (or next) rental property, house-hack, or primary residence: Should I keep my money safe in … Continue reading Where Should You Invest the Cash For Your Next Down Payment?

10 Costly Home Repairs Your Insurance Might Not Cover

10 Costly Home Repairs Your Insurance Might Not Cover HOUSE RULES Homeownership is a goal for many, but the pride that comes with having your own place can be costly, especially when an unexpected problem rears its ugly head. Unfortunately, some home calamities can be extremely expensive to remedy, and many homeowners are surprised to … Continue reading 10 Costly Home Repairs Your Insurance Might Not Cover

There are no more low-priced homes

There are no more low-priced homes  Sales of both newly built and existing homes fell unexpectedly in July, and while it's just one month's data, it may be a signal that the housing market has hit an insurmountable hurdle. It is just plain too expensive. Home prices are higher at virtually every price point, but … Continue reading There are no more low-priced homes

This is why sales of new homes just tanked

This is why sales of new homes just tanked  Newly built homes are more expensive than they've ever been before. They are also more expensive when compared to similar existing homes than they've ever been before. And that is why sales are suffering, dropping an unexpected 9.4 percent in July compared to June, according to … Continue reading This is why sales of new homes just tanked