Home Buying Strategies

Apparently there’s more to real estate listing verbiage that meets the eye. Behind the Mortgage points out an excellent article at Wired on Cracking the Real Estate Code: Is your agent really working for the enemy?.

The article hits on two major points. One is that real estate agents are not necessarily acting in the seller’s […] more…

www.stepstohomebuying.com
Originally Posted on 11/24/2005 11:35:19 PM
Content source: http://mortgage.evolvedblogs.com/archives/real-estate-code-words/

Jonathan Clements has an article in the Wall Street Journal (sub. req.) that discusses what he describes as the seven harsh truths of real estate. I found number 6 on remodeling to be particularly interesting.

Home improvements aren’t an investment.

Many homeowners think that remodeling the kitchen, adding a deck or replacing the roof somehow constitutes an […] more…

www.stepstohomebuying.com
Originally Posted on 11/24/2005 11:17:19 PM
Content source: http://mortgage.evolvedblogs.com/archives/harsh-truths-of-real-estate/

HSH Associates has a great page summarizing interest-only mortgages. Included is a detailed discussion of the history of interest-only mortgages as well as the various risks that must be considered when deciding on this type of loan. more…

www.stepstohomebuying.com
Originally Posted on 11/24/2005 10:39:18 PM
Content source: http://mortgage.evolvedblogs.com/archives/interest-only-mortgage-facts/

The New York Times reports that the 30 year bond may be making a return.

The government has taken the first step toward a revival of the 30-year bond, an unexpected shift that could provide an important tool to grapple with the nation’s troublesome budget deficit and its creaky pension system.

The return of the 30-year bond, […] more…

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Originally Posted on 11/24/2005 10:19:16 PM
Content source: http://mortgage.evolvedblogs.com/archives/return-of-the-30-year-bond/

A home equity line of credit is very closely related to a home equity loan but the subtle differences can mean a lot. Determining which option is the best for you relies upon you knowing your current situation and having a clear plan for what you wish to accomplish with the money.

A home equity […] more…

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Originally Posted on 11/24/2005 9:35:15 PM
Content source: http://mortgage.evolvedblogs.com/archives/do-you-need-a-home-equity-loan-or-line-of-credit-2/

Betty and John, are in their mid-seventies and are currently weighing the advantages and disadvantages of a reverse mortgage as a way of freeing up some cash. more…

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Originally Posted on 11/24/2005 8:54:14 PM
Content source: http://www.myfreemortgagetips.com/newsletters/article1.html

Just as there are many types of mortgages and mortgage deals to choose from, there are also many sources where you can go to get a mortgage. Your key choices are to use a mortgage broker, a more general financial adviser, or shop around yourself and go direct to the mortgage lender. more…

www.stepstohomebuying.com
Originally Posted on 11/24/2005 8:37:13 PM
Content source: http://www.myfreemortgagetips.com/newsletters/article2.html

Here is a useful flexible mortgage guide. Flexible mortgages are loans which allow you to increase or decrease the size of your repayments within certain limits. This type of mortgage is relatively new. more…

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Originally Posted on 11/24/2005 8:17:12 PM
Content source: http://www.myfreemortgagetips.com/newsletters/article3.html

Outlined below are some useful flexible mortgage tips. The most prominent addition in recent years to the mortgage industry has been the flexible mortgage. As the name implies, it offers greater flexibility than the traditional mortgage. more…

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Originally Posted on 11/24/2005 8:01:11 PM
Content source: http://www.myfreemortgagetips.com/newsletters/article4.html

Outlined below is a useful guide to flexible mortgages. Flexible mortgages are also known as Australian Mortgages because they usually feature something which is common in Australia - interest recalculation on a daily basis. more…

www.stepstohomebuying.com
Originally Posted on 11/24/2005 7:40:10 PM
Content source: http://www.myfreemortgagetips.com/newsletters/article5.html