Archive for the ‘Real Estate’ Category
Monday, June 28th, 2010
The majority of Americans are homeowners, and many of them carry mortgages for much of their adult lives, if not all of it. A mortgage is a loan that has a house as collateral, and it's usually the biggest loan a family will take out.
In this post, I'll describe and ...
Posted in Real Estate | 2 Comments »
Friday, March 19th, 2010
Doing things yourself, especially home repairs, can be a big money saver. The main reason it can be a big money-saver, of course, is because you're putting your own labor into the job rather than paying someone else to do it for you.
I didn't say that it's definitely a big ...
Posted in Real Estate | 2 Comments »
Wednesday, February 17th, 2010
The standard Settlement Statement, the HUD-1, just got a makeover this December. The extra page is an extra burden on lenders to get the Good Faith Estimate right the first time.
Last week at the closing for our new house, we got a small bonus courtesy of the new requirements. The ...
Posted in Banking, Real Estate | 1 Comment »
Saturday, February 6th, 2010
I've been talking about some things related to the home purchase we're doing now. One of the conditions of purchasing our new home was ability to get financing. Since I couldn't buy with cash, I needed to apply for a mortgage. What I couldn't do was make the purchase contingent ...
Posted in Banking, Real Estate | 1 Comment »
