Real Estate

Here is a list of all of our articles posted under real estate on AskTheMoneyCoach.com.

making home affordable

Making Home Affordable Explained

If you’ve tried negotiating with your mortgage lender, have adjusted your budget, and done everything in your power to pay your house note, but have

credit crunch explained

The Mortgage Meltdown and Credit Crunch Explained

Q: How did the mortgage meltdown and wall street’s woes lead to the credit crunch? A: The economic crisis that initially began when sub-prime mortgages

Do’s and Don’ts When Refinancing Your Home

After owning your home for some time, you might start to consider whether or not you should refinance your mortgage. If interest rates have dropped

red flag

Red Flags That Mortgage Lenders Hate To See

If you need a loan, especially a mortgage, we all know that your application will be viewed more favorably if you can demonstrate a good

homeowners association

FHA Loan Guidelines

A Facebook fan who is about to get married had asked me whether there is a limit in the amount of income to be able

A pile of hundred-dollar bills with a paper labeled "Loan Modifications" on top, suggesting the careful oversight of a financial planner analyzing credit options.

Are Mortgage Help Centers Legitimate?

A Facebook fan has asked whether the National Mortgage Help Center is a legitimate company. I’ve never had any dealings with National Mortgage Help Center,

first-time homebuyer

Help for First-Time Home Buyers

A Facebook follower wrote me saying she earns about $30,000 a year, asked about buying a home with little to no money down. If you

foreclosure

Help For Homeowners Facing Foreclosure

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

homeowners association

Pros and Cons of a Homeowners’ Association

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

dual agents

Avoid Dual and Designated Agents

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

buyer's agent

Buyer’s Agent vs Listing Agent

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

A small model house with a red roof sits on top of a one hundred dollar bill, symbolizing the cost of a home or mortgage, illustrating the points you must weigh carefully in financial decisions.

Should You Pay Points on a Home Purchase?

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 house is depicted sitting on top of a large red and white life preserver floating in water, symbolizing the Making Home Affordable program's dedication to keeping homes afloat during challenging times.

Is The Making Home Affordable Program Right For You?

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

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