How Much Should Congress Be Involved with Real Estate? According to a recent article by the Washington Post, congresses in action on real estate issues have left some homeowners and real estate investors a little unsettled. According to the house ways and means committee chairman Dave Camp, “he is not revealing the details of his
Ready to Sign 500 Pages For a House? It’s not a huge shock to us that have purchased real estate before how many documents and how much people work is needed to complete the transaction but according to a recent article by CNN money, 500 page mortgage applications are the new normal. We never thought
Was October a Good Month or a Bad Month? As someone that stays in tune with the real estate market I have heard so many articles about the month of October, 2013. Surprising numbers were at, other numbers were down and still others are all over the market. Recently according to an article by Economists
Disadvantages to FHA loans. For years FHA or Federal Housing Administration, loans have been the go to product for borrowers who don’t have a lot of cash for a down payment. They require a 3.5% down payment and are probably one of the more common loans out there. According to some, however, they may be
No More Mortgage Forgiveness “A tax break first drug going mortgage borrowers and January 1, 2014, and that could mean big tax bills and financial hits for their neighbors.” In a recent article by CNN money, families that have been behind on their mortgage were given a deal by the bank possibly reducing the loan
Non-Traditional Households Make Real Estate Transactions Murky Traditional husband and wife household is no longer the norm. There are probably more nontraditional households out there in America today then our so-called traditional. Same-sex couples, friends, siblings, parents or grandparents, fill in the blank, all add to the nontraditional/traditional type of household. This can get a
