News

Rent Vs Buy: More Renters Are Finding It’s Cheaper to Buy

More Renters Are Finding It’s Cheaper to Buy Daily Real Estate News | Monday, May 14, 2012 With rising rents, more renters are being swayed into home ownership, even in pricey housing markets like New York. For example, one New York renter said he started looking into owning a home when his landlord tried to [...]

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BUYING A HOME: LOAN CLOSING COST

The Cost of Getting a Loan is on the Rise Daily Real Estate News | Monday, May 14, 2012 Closing costs for a mortgage averaged $4,143 last year, which is 12.4 percent higher than in 2010, Bankrate.com reports. Despite record low mortgage rates, borrowers are finding the cost of getting a loan is on the [...]

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FHA CHANGES_ BUYERS BE AWARE!

Collections – no matter the type –   If the collections on the credit report total more than $1000, they must be paid off.  If they can’t be paid off, there will have to be evidence of a re payment agreement and it must be in force for three months.  If this condition is not [...]

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2012 Home Sales: Positives on Many Fronts

On January 3, 2012, in Breaking News, Economics, by Robert Freedman …. NAR released its latest pending home sales index figure last week and for the second month in a row the index is up. But more than that, the index has broken 100. This is significant because the only time since the housing boom [...]

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Flood Insurance Extended Six Months

Flood insurance extended six months WASHINGTON – Dec. 19, 2011 – On Friday, Congress agreed to extend National Flood Insurance Program (NFIP) to May 31, 2012. It was part of H.R. 2055, a large spending appropriations bill that authorizes funding for a number of federal programs through the end of the fiscal year. The U.S. [...]

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Why Build New Construction!

Buying New Makes Sense One quick glance at today’s headlines, and it’s no wonder that, as concerned consumers, we’re pinching pennies more than ever. In a recent survey conducted by HSBC Bank USA, 64 percent of us plan to cut unnecessary spending this year. And, in a similar survey by Discover Financial Services, about half [...]

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8 cheap ways to make your home more energy-efficient

If you’re dead-set on that charming but energy-inefficient house, here are some relatively inexpensive ways to whittle your energy bills after you move in. By Melinda Fulmer of MSN Real Estate 1. Replace your refrigerator This is one of the biggest energy-guzzling appliances in the house, says Lisa Dornan, spokeswoman for Direct Energy, and there have been big [...]

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5 tip-offs that a new home is an energy hog

Before you buy a new place, it pays to find out if it guzzles energy like a bad SUV. Here’s what to check to protect your pocketbook from high utility bills. By Melinda Fulmer of MSN Real Estate There’s more to shopping for a house than curb appeal and sticker price. If you want to buy a house [...]

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MSN Real Estate News:

Tom Tassi’s $300 electricity bill had become an embarrassment. “It was a joke,” says Tassi, a Kenosha, Wis., resident who runs a six-person computer-service company. “The lady across the street would bring her electric bill to show me.” Her bill, for a similar house, was less than half what he was paying, Tassi says. He [...]

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