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...
• Win a $10,000 Bond While Shopping For A Home
  When was the last time you won a sweepstakes? Like most of us, you probably have never won a decent prize. The reason is simple…the odds of winning most large lotteries or sweepstakes are often slimmer than a million to one. Continue article...
• Home seller credit could save real estate deal
  No one likes to give money away, but a monetary credit from the seller to the buyer can solve a problem that might otherwise derail a home-sale transaction. Here's a typical scenario where a seller credit could save the deal. Continue article...
• Pros and cons of old and new homes
  When deciding between an old or new home, the list of pros and cons is lengthy. Continue article...
• Manufactured Housing Sheds Stereotype
  Forget the term "mobile home" - it's so 26 years ago. 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...