Before making an offer on a home, nearly all real estate experts recommend conducting extensive inspections. Home inspections are designed to protect you from unexpected repairs and costs after move-in. If any problems are found during a pre-sale inspection, the buyer can then negotiate with the seller to have the issues resolved before closing or incorporate the cost of repairs into the offer. By ...
HUD plans to tweak $8,000 tax credit rules so first-time homebuyers can get instant down-payment assistance.
By Les Christie CNNMoney.com staff writer Last Updated: May 19, 2009: 12:45 PM ET
NEW YORK (CNNMoney.com) -- Home prices are cheap. Affordability is at a record high. And the market is littered with distressed properties looking for a buyer.
But there is one big obstacle for many first-time ...
Albuquerque New Mexico Real Estate www.ColdwellBankerLegacy.com
We've all heard the expression, especially in today's economy, "buy low, sell high". But why is it that we feel we never quite hit the market right? Well, for the brave and forward-thinking, this is not only the right time to buy a home, it is the right time to enter real estate sales. You see, when markets are hot, they are flooded with real estate licensees who are there for the short term, ...
Bond market: Shaken and stirred
Long-term rates have shot up. The good news: It's a sign of an improving economy. The bad news: Your window to refinance may soon slam shut.
By Paul R. La Monica, CNNMoney.com editor at large Last Updated: May 11, 2009: 1:08 PM ET
NEW YORK (CNNMoney.com) -- Want further proof that risk is no longer a four-letter word? Just take a look at what's going on in the bond ...
Helpful considerations for a growing family.
Pending home sales rose with many first-time buyers taking advantage of historically good housing affordability conditions, according to the latest report by the NATIONAL ASSOCIATION OF REALTORS ®.The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, increased 3.2 percent to 84.6 from a level of 82 in February. It is 1.1 percent higher than March 2008 when ...
It's a question all homeowners face when they decide to sell: How can you make your home as appealing to potential buyers as possible? In today's market, that question has become even more crucial."It really depends how much your home is worth," says interior designer Janine Carendi. "Is it in move-in condition, and will buyers expect it to be?"Not everyone should invest in fancy upgrades and ...
We have a case of "uptick" on our hands. Market conditions are improving. We now have the lowest months supply of homes (at 7.6 months supply) than we've had since July of 2007. Yes, July of 2007. Average days on market dropped 7.7% from January to April. We are now at 88 days. More homes closed last month (588) since October of 2008. That number ...
RISMEDIA, April 22, 2009-Many consumers are turning to portable moving containers as an alternative to full service moving providers, but is it the best option? Usually a container is dropped off in the driveway and you have a period of time to pack and load your own belongings. When the items are loaded, drivers pick up the container and transport it to your new home where you unload and unpack. This ...
