Real Estate and Housing

What It Really Costs to Own a Home

Posted November 18, 2009 - 06:00 by Julie Rains

Real Estate and Housing, Budgeting

nice yellow house

I’m a mortgage-free homeowner but, despite paying off my loan, I still have plenty of expenses associated with owning and maintaining my house. Some have been easy to anticipate; others, not so obvious. Either way, the dollars add up. I’ll tell you about some costs to consider for budgeting purposes.

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How Foreclosure, Deed in Lieu, and Short Sale Affect Credit Scores

Posted November 13, 2009 - 07:00 by Xin Lu

Real Estate and Housing

Currently millions of Americans are delinquent on their home loans or facing foreclosure. Foreclosure, deed in lieu of foreclosure, and short sales are several ways for borrowers to get out of a mortgage that is no longer affordable. Here is a quick guide to what these options are, and how much they could affect one's credit score.

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Homebuyer Tax Credit Extended and Expanded

Posted November 7, 2009 - 08:00 by Xin Lu

Taxes, Real Estate and Housing

A couple months ago I wrote about the pros and cons of extending and expanding the popular first time homebuyer tax credit which was due to expire on November 30th, 2009. I wrote that there was a good chance that Congress would extend the credit regardless of the costs. Sure enough, this week Congress has approved an extension and expansion of the credit. Here are some details on the changes.

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Real Estate Agents: Do We Really Need Them?

Posted October 19, 2009 - 08:42 by WC Porter

Real Estate and Housing

With all the tools and information available to home buyers—from real-estate websites to neighborhood pictures—are real-estate agents and their commissions really that necessary anymore? Couldn't we all just deal with each other when buying and selling our homes?

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It's Time to Purchase Like It's 1999

Posted October 9, 2009 - 08:00 by Stacy Johnson

Real Estate and Housing, Investment

For those who have a job, a healthy savings account and some optimism about the long-term, it doesn’t get any better than this. Opportunity in the form of lower prices doesn’t knock all that often: if you have the wherewithal, my advice is to answer the door.

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When Should You Fire Your Real Estate Agent?

Posted October 7, 2009 - 05:33 by Xin Lu

Real Estate and Housing

Home for sale

Lately several couples I know have been trying to purchase real estate, and it seems that none of them are too happy with their real estate agents. Some of them have been working with their agents for months without any positive outcome. The fact is that some of these poorly performing agents should have been fired long ago. Here are some signs that you should fire your real estate agent.

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7 Tips to Save on Apartment Living

Posted October 7, 2009 - 05:00 by Coupon Sherpa

Real Estate and Housing

Learn how to get the best apartment living experience without busting your budget. Here are 7 tips to help you get lower rent, top-notch service, cheaper utility bills, and more.

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Should the First Time Homebuyers Tax Credit be Expanded and Extended?

Posted September 18, 2009 - 06:49 by Xin Lu

Taxes, Real Estate and Housing

realty

The $8000 first time homebuyer's tax credit is set to expire on November 30th. This means that those who want to take advantage of this refundable credit have only a couple months left to close on their home purchases. Since it could take 30 to 60 days to close on a home, the deals must be made soon. Now there are talks in Congress and the Obama administration about expanding and extending this tax credit. Here are some arguments both for and against this decision.

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Redfin: The Greatest Real Estate Website Ever

Posted September 15, 2009 - 06:00 by WC Porter

Real Estate and Housing

redfin logo

Real estate websites are a dime a dozen, but when you find one that does it all, the rest all fade into the background. Whether you're looking to buy or sell a place, Redfin has what you need. This detailed walk through shows you everything you need to know before surfing their site.

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Buying a Home Without the Money

Posted September 2, 2009 - 10:00 by WC Porter

Real Estate and Housing

monopoly houses and dice

I confess: I'm about to break one of the cardinal rules of personal finance. I know it's not the responsible thing to do and it goes against every piece of "good financial advice" I've ever given. But I have my reasons. Good ones.

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