Seller Financing

When a property owner agrees to payment of a portion of a home’s purchase price over time, with the debt to the seller registered on the title as a mortgage, it’s known as seller financing, a vendor take-back mortgage or a purchase-money mortgage. This is a home-financing strategy in which you the buyer borrow from […]

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4 Tips for Selling a House Yourself

Saving money by selling a house yourself is a tantalizing idea for many homeowners, but showing a property without the help of a real estate agent is not the easiest thing in the world to pull off successfully. You’ll have to handle all the paperwork and marketing yourself, of course, and you’ll even have to […]

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Is A Real Estate Agent Needed to Sell Your Home?

Property owners, in association with investors, are forced to make these decisions everyday. While there are certainly advantages to neglecting the assistance of a real estate agent, those trying to save money will find that it could end up costing them a lot more than originally anticipated.  A do-it-yourself approach can result in costly mistakes […]

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Should You Take Out a Home Equity Loan?

Should you consider taking out a second mortgage to tap your home equity or is that just setting yourself up for foreclosure? Despite there still being 11 million U.S. homeowners underwater according to CoreLogic home equity loans continue to make a comeback. Wells Fargo reports a 19% increase in home equity lines of credit in […]

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Loan Features To Avoid: Prepayment Penalties

Most mortgages do not limit prepayment of your principal, If you would like to pay twice the principal due each month, with the goal of paying off your loan early then you are free to do so without penalty. If rates fall and you’d like to refinance to a better loan after a year or […]

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4 (Weird) Threats to Your Property Value

Every homeowner likes making their house unique, but it’s not always good to stand out. Sometimes what you think gives your home character will actually drive down your property value when you list your house on the market. Here are four odd threats to your sticker price you should be aware of: 1)    Bigger Isn’t […]

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