Options for Upside-Down Homeowners

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Being upside down on your home can bring about many stressors as well as many questions as to the next step.  Homeowners who owe more for their mortgages that what the home is worth are considered to be in the upside down category. The recent housing crisis has put many homeowners into a difficult predicament.  [...]

Wanna Be Rich? Don’t Emulate These Celebrities

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It is becoming more and more common to hear about the millions (and billions) of dollars famous people are making – some for doing not much of anything but being the pinup people for tabloid fodder. Average consumers often look with envy at the lifestyles of the rich and famous, wishing they too could have [...]

Look Beyond Price When Home Shopping

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If you are in the market for a home as the market begins to recover, it is wise to keep price and affordability in mind. However, focusing solely on the price can be a big mistake. Your sole goal should not be about the bargain or you may wide up with money problems in the [...]

Resist the Temptations of a Zero Down Mortgage

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When you decide to make the big leap to homeownership, there seems to be a long road ahead before securing ownership of your new home. There is the loan application, the paperwork, insurance concerns, and most importantly the costs associated with buying a home for the first time. It can be incredible confusing and lead [...]

To Buy or To Rent: Answer Your Own Questions

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With increased tax incentives and simply the American dream of home ownership, it can be very tempting for individuals and families to want to get into a home of there own as soon as possible. For some, buying a home is the right next step. For others, renting isn’t such a bad deal. Here are [...]

Is Now the Time To Buy Real Estate?

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With the falling housing market many people are wondering if this is a great time to snap up some smashing real estate deals.  As always there are 2 sides to every story. The Pros If you have a good credit rating and plan to use the home as an investment and keep it for a [...]

The Deal With Loan Modification Programs

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With the troubles that surfaced in the home mortgage industry, loan modification programs are becoming a popular solution for avoiding home foreclosure. However, to use such a program to your advantage, it is best to understand exactly what the program will do for you. The Description A loan modification can be compared to a refinance [...]

How Much Can You Afford To Spend on a House?

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Deciding just how much to spend on housing can leave you feeling like Goldilocks and her porridge… too much house can use up all your disposable income leaving you house poor and too little house may leave you feeling cramped after just moving in. Finding a happy medium on how much to spend on a [...]

Good Debt Does Exist

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With so much talk of debt horror stories in the last year, it is hard to believe that there is such a thing as good debt. But good debt does exist and in fact, good debt can actually have a positive impact on your financial future and credit rating. Here are some examples of good [...]

Loan Modification: Should I?

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If you have been getting behind on bills and finding it more difficult to afford your mortgage payment each month, you may want to consider a loan modification to help you make your payments more affordable and allow you to avoid foreclosure so you can keep your home. You may be eligible for a loan [...]