What Happens When You Lie on Your Loan Application
Even if you are not prosecuted, if your lender finds out you equivocated, they can call your loan due and payable on the spot.
Good Buyers Look Beyond Home Staging
House hunters who visit homes that look like they belong in Architectural Digest need to take a closer look. Those places have been staged to hide their flaws.
Review Your Homeowners Insurance Yearly
The beginning of hurricane season should serve as a reminder to homeowners in affected areas to make sure their homeowners insurance is up to date.
Protection Against Condo Special Assessments
Tens of thousands, if not hundreds of thousands, of condominium apartments are languishing on the market these days, and not just because of high interest rates and high prices.
Protect Your House from Break-Ins
Thefts from the houses of sports stars Ketel Marte, Travis Kelce, Patrick Mahomes and Rob Gronkowski should raise the hackles of every homeowner – celebrity or not.
Equity Contracts Aren’t So Hot
There comes a time in practically every homeowner’s life when they consider using the equity they’ve built up in their house for one purpose or another.
The Property Insurance Conundrum
Recent storms highlight just how few Americans go without homeowners’ insurance – 1 in 7 – and how nearly everyone does without flood insurance.
40-Year Listing Firm Run Out of Business
Remember the company that was offering homeowners a few thousand dollars in exchange for the promise that if they ever decided to sell their houses – at any time in the next 40 years – they would list it with them?
It’s Not All Bad for Buyers
Now might not be the best time to buy a house. But if you are a member of the must-buy group, fear not: the inventory of houses for sale hasn’t been this large since 2019.
Unhappy Agents Voice Concerns
According to the surprisingly candid results of a survey delving into agents’ psyche by the Redfin brokerage firm, half expect their fees to fall in the coming months.
The Green Mirage Sweeping America
A deceptive calling campaign is sweeping the country, costing homeowners hundreds of thousands of dollars in mortgage fraud, according to a federal watchdog.
This Real Estate Agent Went FSBO
The allure of selling your home on your own, without hiring a real estate professional, is indeed a tempting one. After all, who doesn’t want to put thousands of dollars more into their pockets by foregoing that hefty 5 percent to 6 percent commission?
What’s Better for Buyers: Commission Percentages or Dollar Figures?
Which would you rather pay a real estate agent to help you sell your $450,000 house: a 6 percent sales commission or $27,000? They’re exactly the same amounts, of course, but one sounds a lot less.
Presidential Plans Raise Anxiety in Housing Sector
In the market for a newly constructed house? You might want to hurry. Soon, new homes are likely to cost more and take longer to build.
More Homes Come with HOA Dues
Nearly two-thirds of all single-family houses started in 2023 were within HOA-governed properties. And fees those associations collect are rising.
Finding Money to Rebuild After Disasters
Hurricanes, fires, floods: If you’re struck by one of these disasters, you’re going to need money. The good news is that there are numerous financial resources available.
Flood Insurance Is Getting More Affordable
The National Flood Insurance Program is working on allowing policyholders to pay their premiums on a monthly basis. Previously, premiums could only be paid annually.
After Death or Divorce, What Happens to the House?
When a family member passes away, their loved ones sometimes become homeowners unexpectedly. In these situations, servicers are supposed to help, but some just steer borrowers into costly refinances.
Homebuyers’ Student Debt Issues Can Be Solved. Here’s Where to Start
Massive, often insurmountable amounts of student debt have prevented millions of otherwise qualified borrowers from obtaining financing to buy a house.
One Mortgage Banker’s Plan to Fix the Housing Crisis
To Mark Milam, a mortgage banker and loan originator in Atlanta, many current proposals are like “swallowing an aspirin next year for a headache you have now.”
