If you are interested in buying your first home, you may not want to wait any longer. The end is in sight for the $8,000 first time home buyer's credit offered by the Federal Government. It will officially end on December 1, 2009 and your home must be purchased and closed on or … [Read more...] about First Time Home Buying Credit Almost Over
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Avoiding Risky Home Loans
Nobody wants to get stuck in a situation where you buy a home and then later loose it to foreclosure. If I can offer any advice, it would be to always be careful BEFORE getting a loan by making sure you understand the terms, and seeing that it fits your budget the best it … [Read more...] about Avoiding Risky Home Loans
I Hear It All the Time, But What is Real Estate Escrow?
Well, if you want to get technical, Escrow is defined as "a legal arrangement in which a neutral third party holds an asset during the period in which the conditions of the deal is being finalized by the other two parties." But that doesn't really help much, does it? Unless you … [Read more...] about I Hear It All the Time, But What is Real Estate Escrow?
