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Bail out plan to help just 13% of borrowers in trouble
The bail out plan that Congress is hard at work trying to pass may not do much in terms of actually helping anyone. Government estimates show that only 400,000 people could benefit from the new FHA-driven refinance/loan modifications while more than 3,000,000 folks are actually 60 days down (or late) on their mortgage.
This refrain is […]
The Eco Friendly Dream Home
Many people dream of buying a bit of land and building their own house on it, this is one of those things that some would love to do and most of the time never really happens, for one reason or another.
There is quite a lot of things to consider, but these days things […]
Innovative Home Ideas
The kitchen is a place in our home that most of us like to keep tidy and clean. Sometimes, we might have so much stuff in our kitchen that it can feel cluttered and overwhelming. When we open up our cupboards, we like to see organization and dishes all in their perfect space. However, if […]
Funky Homes
Sustainable mobile home park or one person’s fanciful idea of living the good life!
Either way, you have to admit that, with a mix of mobile homes and shipping containers, this is one creative housing project.
Location and photographer are unknown - maybe one of our readers can enlighten us.
[Bookmark It] […]
Turned Down for the Loan?
You’ve applied and waited with great anticipation. You made sure to dot all of the “i’s” and cross all the “t’s”. The verdict comes back: denied. You feel disappointed; possibly even insulted. But what can you do if the lender has turned you down? Actually, there are several options which are available.
Just because you […]
Real Estate Market Summary
The Canadian housing market has ceased to be a sellers’ market in both the residential and the recreational sectors, meaning the boom experienced over the past few years is over, analysts say. The long awaited end of the boom is reflected “in more moderate demand and increased supply of properties for sale,” said TD economist […]
Some Mortgage Myths Revealed
If you’re in the market to buy a home, it must be remembered that mortgage lending is a business, an astoundingly large-money business. Lenders are in there for one only purpose – to sell money to you. Their profit can come not only from your monthly repayment with interest, but from a myriad of […]
Buying a House: What’s Involved
Home Inspection
Once an offer has been accepted, the Buyer moves into high gear to get the property inspected quickly in order to remove any contingencies and secure the deal. Until all of the contingencies have been removed, the sale is in the balance from the Seller’s perspective.
If any problems or defects surface as […]
The 5 Listing Agreements
When you list your home for sale with a real estate broker, different options are available under the five types of listing agreements.
1. EXCLUSIVE AGENCY LISTING An exclusive agency listing contracts one agent to sell the home. If that agent, or any other licensed cooperating agent finds an acceptable buyer, the seller […]
When is the Best Time to Downsize to a Smaller Home?
At some point in our lives, most of us will have to deal with selling the home we’ve lived in for many years and moving into something smaller. But, giving up our beloved family home and downsizing into something smaller is always a difficult decision.
Many seniors make the mistake of waiting too long […]
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