Home Buying Tips

• What is the Alternative to a Lock-In?
  The alternative to locking in an interest rate is to let it float. Continue article...
• Traps all home buyers should avoid
  At the beginning of a new year, it's natural to make resolutions. For instance, you may have been putting off buying a home. Now you've resolved to buy before interest rates rise and you're priced out of the market. Before forging ahead, consider the following tips and traps. Continue article...
• How would a truly flexible mortgage work?
  Lat week I had little good to say about Fannie Mae's new Payment Power Program (PPP), which allows a borrower to skip up to two mortgage payments in any 12-month period, and up to 10 over the life of a loan. A skipped payment results in an additional loan, equal to the payment plus a healthy access fee, tacked on to the balance. As an emergency source of funds, it is much more costly than accessing a home-equity line of credit (HELOC). Continue article...
• Checklist for fall home projects
  Well, you can't deny it any longer – fall is in the air. Continue article...
• Big Mistakes Every Homeowner Should Avoid
  In 1996, Zarmina Azadozy purchased her property at a mortgage lender's foreclosure sale. But she failed to record her deed. Continue article...
• Should I take my home off the market for the holidays?
  As we head into the last month of the year, sellers usually wonder if they should take their home off the market for the holidays. While no one has a crystal ball, there are many good reasons to consider leaving your home on the market until it sells. Continue article...