Common Forms of Property Ownership in the US

Buying a house was supposed to be easy, right? You just pick a house and the rest would fall into place — poof! Unfortunately, that dream isn’t exactly how it works, nor should it be. Your home will be the largest purchase you’re likely to make during your lifetime, so it won’t hurt you to… Continue Reading

Guide to Refinancing Your Mortgage

Interest rates are constantly in the news: they’re rising, they’re falling, they’re flat — whatever they’re doing, they keep the thought of refinancing in the forefront of the minds of many homeowners. These folks wonder if they should refinance now, or if they’d be better off to wait a little while longer. Choosing to refinance… Continue Reading

FICO Score 9 Recalculations and You

Once upon a time, there was a young couple who saved and saved for their first home. They struggled through years of horrible apartments and barely rolling cars in order to put together a fund to cover their five percent down payment and closing costs, plus a little extra for repairs (just in case). Unfortunately,… Continue Reading

Everything You Wanted to Know About Escrows

As your closing approaches, it seems more and more like everybody and their uncle is crawling out of the woodwork to demand your hard-earned money. You need deposits for the utilities, a great big moving truck and even more cash for something your banker swears he told you about — your mortgage escrow account. This… Continue Reading

10 Things to Look for When Bargain House Hunting

The glut of homes repossessed during the housing market crash have mostly been reabsorbed into the system, leaving lots of new home buyers wondering how they’ll ever find a house they can afford. If you’re looking for a bargain in the housing market, don’t despair — there’s always a good deal to be found if… Continue Reading