The currently hot real estate market can create a frustrating situation for buyers looking to purchase their dream home.
“This is the most unprecedented market we have observed,” said Rogers Healy, owner and CEO of Rogers Healy and Associates Real Estate…
Whether you’re on the verge of becoming a first-time homeowner or this is your second time around, homebuying mistakes can happen. Still, it doesn’t hurt to make a concerted effort to avoid as many mishaps as possible.
Here are 11 common homebuying mistakes and some…
A hedge fund is an investment vehicle in which investors pool their money and purchase certain investments. Hedge funds aim to bring investors greater returns than they get in the stock market, or even with other types of funds. The name came from the fact that investments were often chosen…
Buying a home is difficult, but try selling your home and buying another at the same time. On a level of difficulty, this is the gymnastics balance beam of homeownership.
There are about 86 million homeowners in America. If you’re one of them, and you need to move, there’s a...
A cash-out refinance is a way to replace your current mortgage with a new one under new terms, and get an additional lump sum of cash in the process.
Essentially, it is taking out a new loan for more than your current mortgage balance. The new loan replaces your existing loan and you receive…
When you own a home, the thought of a mortgage looming over your head for decades can be daunting for many people, so it’s natural to want to pay off your mortgage as soon as possible. Before you decide to use an inheritance, raise or your savings to pay off your mortgage (or even before you…
A mortgage bond is a bond in which holders have a claim on the real estate assets put up as its collateral. A lender might sell a collection of mortgage bonds to an investor, who then collects the interest payments on each mortgage until it’s paid off. If the mortgage owner defaults…