With the housing market seeing signs of a double dip in prices,homeowners who got in over their heads have looked to save money by any means necessary. Now, thanks to extremely low interest rates,adjustable-rate mortgages are luring borrowers away from locking in rates with longer-term fixed mortgages. Although you can score from savings in the [...]
If you’re in the market to sell your home, you probably feel you can’t catch a break. Nearly five years into the housing bust, when many experts thought the real estate market would at least have stabilized, sales and prices are still dropping in most of the country. In February existing-home sales tumbled 9.6% from [...]
Home prices continued to plummet during the first three months of 2011, falling 4.6% from a year earlier. The U.S. median price, according to the National Association of Realtors (NAR), dropped to $158,700 for a single family house. Condo prices fell even harder — 10.4% to $152,900. The median home price has now slumped 30% [...]
With house prices dropping and the real estate market in disarray, real estate agents are not the most popular professionals these days. As home prices continue to slump, many homeowners are loath to pay a real estate agent on a home sale that isn’t likely to be profitable for them no matter what they do. And [...]
Some people think they don’t have enough assets to make an estate plan. But creating an estate plan can be beneficial even to those without a significant nest egg. Here are five reasons estate planning can be advantageous to not just your heirs, but to you as well. Accidents happen. What will your family do [...]
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