Once you're done with debt and you've started to save, it's commonly the case that you'll start hearing about the risks and rewards of investing in stocks or real estate. Unfortunately, it can be difficult for many people to know what type of investment is going to work better for them down the road. If…
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Find Some Savings: Take Steps to Reduce or Eliminate PMI
Historically, purchasing a new home required a buyer to have a down payment of at least 20 percent. However, as housing prices continued to rise dramatically in recent decades, this became more and more difficult for homeowners to do. To meet the demands of home buyers, many banks started offering mortgages with as little as…
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Buying a Home in Your 60s? Here’s What You Need To Know
By Erica Sweeney, Realtor Baby boomers are having a well-deserved moment in real estate right now. Many boomers—the generation born between 1946 and 1964—are reaping the benefits of a turbocharged housing market, selling their homes with a median profit of $66,000. For the younger end of the boomer generation, i.e., those in their late 50s…
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9 Things Home Sellers Do During the Holidays That Scare Off Buyers
By Janet Siroto, Realtor Once upon a time, the month of December was a snow-swept dead zone for selling your home. The thinking was, “Why even bother showing it? No one is home shopping now.” Fast-forward to today’s full-boil real-estate market, however, and this traditional home-selling timeline has changed. Even amid the holiday hubbub, people…
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Explaining the Good Faith Estimate on a Home Loan
By Alex Mason Buying a piece of property comes with a mountain of paperwork. However, all these documents are intended to get all the facts at your fingertips and keep you safe in case any court action should arise. One of the most important papers comes from your lender in the form of the Good…
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