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Harp Replacement Program: What You Should Know

The HARP program was created in response to the 2008 housing crisis and helped homeowners avoid foreclosure by refinancing their underwater mortgages. The end of this temporary measure means there is now an increased need for harp replacement programs that will fill up any gaps left behind for struggling families. If you are looking to […]

Construction

Cheapest Way to Build a House: 10 Best Tips

Shelter is one of the most basic human needs, and as long as people continue to exist, housing will always be a top priority. Most people would like to design and build their own homes from scratch. This way, they’re able to customize their house precisely the way they want it to be. In recent […]

Putting a Home In a Trust: All You Need to Know

If you’ve been a homeowner for over a few years, there comes a time when you seriously have to consider what happens to your property when you die. It’s not a very cheerful topic but crucial nonetheless. For older people, plans may already exist in their general will as to who gets to have their […]

Will I Lose My SSI If I Buy a House?

Will I Lose My SSI If I Buy a House?

The intricacies of Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) benefits make many homebuyers ask questions like, “will I lose my SSI if I buy a house?” and “What are the eligibility requirements for SSI and SSDI benefits even if I own a home?” The basic answer is: a person receiving SSI […]

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Fee Simple vs Leasehold: Pros & Cons

In the US, most real estate is sold in fee simple form. This is a type of ownership that provides unlimited rights to use and enjoy the property. There are also some disadvantages with fee simple. Taxes on capital gains can be complicated and there may be restrictions on what can be done with the […]

Questions to Ask When Buying a Home

Questions to Ask When Buying a Home

Purchasing a home is an exhilarating experience, especially for first-time homebuyers. Nonetheless, because buying a house is a significant commitment, you must prepare your mind and finances. Locating a suitable home takes extensive research. As part of your due diligence you should ask relevant questions. By doing so, you can be confident in your decision. […]

How to Buy a House at Auction

How to Buy a House at Auction

Newsflash: a bargain isn’t always a bargain at auctions. Often, you pay too much and once the euphoria of winning goes away, you can’t escape that sinking feeling: “this house isn’t worth its price.” Don’t beat yourself up. You aren’t the only person to explore buying a house at auction without knowing how to buy […]

A housewife trying to understand the pros and cons of a 680 credit score

680 Credit Score – Pros & Cons

A credit score is a mathematical rating that measures an individual’s likelihood to pay back a debt. Good credit scores often lie between 300 and 850, meaning that the person borrowing is lower risk and will probably make timely payments. Lenders use these scores frequently to help determine the possibility that an individual will pay […]

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What Does Comps Mean In Real Estate

What do comps mean in real estate? Comps meaning, short for comparable properties, are properties that have been sold nearby to help determine the value of a property. Comparing comps helps a realtor estimate the worth of a house and make an offer. In this article, we will go deep into what comps mean and […]

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5/1 ARM Loan – Complete Guide

If you are looking for a mortgage loan that offers a lower interest rate and monthly payment, you may want to consider a 5/1 ARM loan. This type of loan is becoming increasingly popular, as it offers borrowers more flexibility than traditional fixed-rate mortgages.  However, there are some pros and cons to consider before deciding […]