Whether you’re a first timer or have been through the drill half a dozen times, buying a home is a stressful proposition. In addition to the anxiety of sinking what may be your life savings into one huge investment, there's the nagging fear that you're getting ripped off in some capacity.
When it comes to closing costs, that may very well be the case. Like car leases, closing costs seem to be designed to confuse the buyer. Most folks don't understand all the mysterious fees they're paying their lender when they close on their home - and sometimes they end up overpaying.
Read full story at smartmoney.com
Feb 24, 2011
Feb 18, 2011
Foreclosure Help?
With the availability of government programs such as Home Affordable Modification Program (HAMP) - a plan designed to help borrowers afford their mortgage payments by lowering their interest rate, extending the mortgage or holding a portion of the loan in forbearance - it was expected that foreclosures would decrease. But instead, many of those people who participated in HAMP are defaulting again.
The number of foreclosures in Central Florida has increased since 2009 including nearly 17,000 foreclosures in Orange Co alone in 2010. Industry experts expect that number to grow even more in 2011.
Read full article at East Orlando Sun.com
The number of foreclosures in Central Florida has increased since 2009 including nearly 17,000 foreclosures in Orange Co alone in 2010. Industry experts expect that number to grow even more in 2011.
Read full article at East Orlando Sun.com
Feb 12, 2011
Five Things to Know About Homeowner’s Insurance
Want a little insight to your hard-to-understand homeowner's insurance? Here are five things to know about your homeowner’s insurance from CNNmoney.com.
Feb 7, 2011
Should You Rent Out Your Home or Sell It?
In most cases, moving means selling one's home. After all, it's usually a necessary step in affording a new home.
But for various reasons some people choose to rent out their homes instead. In some instances, people know that they'll be leaving only for a year or two. Sometimes the would-be seller simply can't sell at a price deemed acceptable, so she chooses to hang on until the market picks up. Or if property values are rising, an owner may want to wait to be able to ask for a higher price later.
Whatever the reason, it's important to have a healthy grasp of the financial issues at play when weighing this decision.
Read full story at smartmoney.com
But for various reasons some people choose to rent out their homes instead. In some instances, people know that they'll be leaving only for a year or two. Sometimes the would-be seller simply can't sell at a price deemed acceptable, so she chooses to hang on until the market picks up. Or if property values are rising, an owner may want to wait to be able to ask for a higher price later.
Whatever the reason, it's important to have a healthy grasp of the financial issues at play when weighing this decision.
Read full story at smartmoney.com
Feb 1, 2011
Florida-Friendly Plant Database
I found a great online resource for my gardening projects. I found the Florida-friendly plant database helpful in selecting the best plants & flowers for my garden.
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