Home Sales Expected To Rise Exponentially in 2017-2018

The dearth of home sales over the past decade has seen a sharp reversal so far in 2017, and experts are predicting that the trend will continue at an even higher rate in 2018. The past six months have brought rising prices and bidding wars – and even home shortages in popular areas – but overall sales are already up 3.5 percent from this ... More

These Mortgage Loans May Not Be In Your Best Interest

With so many home loan instruments available to prospective buyers, it can be daunting to navigate the advantages and disadvantages of each. While every buyer’s situation is unique, it’s important to know that some types of loans are inherently riskier than others. For the majority of homeowners, it is usually best to avoid the following ... More

Real Estate Investment Firms Dive Into the Rent-To-Own Game

Most prospective buyers considering rent-to-own contracts imagine a traditional arrangement with an individual seller – a private homeowner selling their property through a rent-to-own agreement. However, in recent years, the market has seen a proliferation of institutions – real estate investment firms, typically – offering rent-to-own ... More

Tips For Getting the Most Bang For Your Home Improvement Buck

If you’re updating your home strictly to suit you own personal comfort, needs or taste, you likely aren’t overly concerned with how the projects may affect the resale value of your home. However, if you’ve got a mind to move in the future, it’s worth considering which home improvement projects can help you get the most bang for your ... More

Private Lenders Offer A Second Chance For Mortgage Applicants Rejected By Banks

Since the 2007 financial crisis, many traditional mortgage lenders have revised their mortgage applicant acceptance policies in an effort to retreat from financing borrowers who appear risky, due to poor credit scores, a troubling debt-to-credit ratio or less than a 20 percent down payment. As this new “hole” in the mortgage market has ... More

You May Have Fantastic Credit Card Perks You’re Not Aware Of

Most consumers know about the frequent-flyer miles and cash-back programs offered through their credit cards accounts, but there are dozens of lesser known benefits many don’t even realize they can take advantage of. Read your credit card’s fine print to see if you qualify for any of the following perks: Identity Theft Protection ... More

Don’t Pay Your Mortgage Off Early: Here’s Why

Conventional wisdom often focuses on the many benefits of paying off your consumer debts as quickly as possible. Couple that with the fact that owning a home outright is an important milestone for many Americans, and you have a generation of homeowners working hard to pay their mortgage loans off early. While a home is certainly a valuable ... More

Everything You Need To Know About the Classic Reverse Mortgage

If you find yourself confused by the concept of a "reverse” mortgage, you’re not alone. This loan product, which is reserved for seniors aged 62 or older, allows a qualifying homeowner to borrow against their existing home equity. Reverse mortgagees are not required to make monthly payments on the loan as long as the property remains ... More

Short Sales 101

If you’ve ever browsed through home listings, you’re likely to have stumbled across “short sale” properties from time to time. In layman’s terms, a short sale happens when a seller’s debt on a home surpasses the property’s market value. In such cases, a seller may choose to avoid foreclosure by selling their home as a short ... More

Are You Making These Auto Loan Mistakes?

Purchasing a new or new-to-you automobile can be a highly emotional decision for consumers, especially those who love the instant gratification of walking into a dealership, making a deal and driving home in a new set of wheels. However, smart financial decision-making should never take a backseat, as it could harm your finances over the ... More