Purchasing a home involves more than searching for the perfect house in the ideal location. Buying a home involves many factors outside the realm of what house to buy and where; buyers need to be aware of the additional financial obligations involved with the home buying process. The lender that approves the mortgage will be […]
Archive | Real Estate
Can You Still Find Great Foreclosure Deals?
But of course! Great deals in real estate are nothing new, and that includes foreclosures. Keep in mind, that buying a foreclosure can be a bit more challenging, especially if you aren’t prepared to pay all cash. Lenders will scrutinize the deal all the more, you may need to put down a larger down payment, […]
5 Years With No Mortgage Payments?
Yes, you are reading this correctly. According to a CNN article today a Florida couple has been living in their home for the past 5 years and has not made a single mortgage payment. To be frank, it didn’t really surprise me. Florida was one of the hardest hit states by the real estate bubble […]