Foreclosure on a home is the worst possible option for both the mortgage lender and the homeowner. Banks do not like foreclosures, for the simple reason that they cost money.... read more →
Here is a list of all of our articles posted under real estate on AskTheMoneyCoach.com.
An HOA, as a homeowners' association is known, creates and enforces rules for the community and collects the monthly or annual dues. There are pros and cons to owning a... read more →
A dual agent is one who works for both the home buyer and the seller. You typically end up in this situation if the agent who listed the property is... read more →
If you are shopping for a home, you should know the difference between a buyer's agent and a listing agent. A buyer's agent, sometimes known as a "buyer's broker," works... read more →
Even though homes sales are up nationwide (note, sales means number of transactions, not prices!), it’s still a buyer’s market out there, meaning there are more homes offered for sale... read more →
Mortgage interest rates are at historic lows. If you have great credit with a FICO score above the mid-700's, these days you'll probably qualify for a rate below 5%. Despite... read more →
Editor's note: For the most current information about the Home Affordable Refinance Program (HARP) visit MakingHomeAffordable.gov. If you are a homeowner in good standing with your mortgage, but you can't... read more →
Editor's note: Please visit the Making Home Affordable website (link at the end of this article) for the most current information about this program. Under President Obama's "Making Home Affordable"... read more →
It's a great time to buy a home. Mortgage rates are pushing down below 5%, homes are more affordable than they have been in nearly a decade, and there's the... read more →
