Will the New Short Sale Rules
Help the Process?
By Peter Smith
Short
sales are a tricky business. If a homeowner owes more money on his
house than he can sell it for and is having trouble paying the
mortgage, the bank will allow the house to be sold for less than is
owed. That's a short sale in theory. In the real world, banks don’t
like to do them. They do everything in their power to make the process
drawn out and complicated. It's no wonder that only one in ten short
sales is successfully completed... Read More |
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Energy Efficient Mortgages
By Susan M. Keenan
Energy
efficient mortgages are becoming more common as the world becomes
energy conscious and as consumers feel the pinch of rising energy
costs. An Energy Efficient Mortgage (EEM) is one of the options
available for prospective homeowners who are not only interested in
buying a home, but who are also interested in making that home as
energy efficient as possible. Since the cost of energy-efficient
improvements is included in the overall amount of the mortgage... Read More |
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Bring Garden Cheer into Your
Home with Color
Courtesy of ARAcontent Even
in the throes of winter, when most gardens are hibernating under a
cold-weather blanket, it's easy to bring the warm, vibrant feelings of
spring into the home with colors, textures and patterns.
From the saturated colors of fresh fruits and flowers to the neutral
hues of pavers and fountains, the promise of new spring gardens can
provide an endless source of decorating inspiration... Read More
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What's Happening in Real Estate for 2010?
By Melissa A. Nykorchuk
The
real estate market in 2010 has more promise than in the past few years.
With house prices in some areas beginning to stabilize and historically
low interest rates, the real estate market is perfect for buyers with
good credit.
The Tax Credit is a Positive Incentive
With the $8,000 tax-credit incentive extended through April 2010, first
time homebuyers are continuing to buy homes that they might not have
bought without the incentive. Home purchases for first time homebuyers
are expected to continue to rise until the tax-credit incentive ends.
Qualified Buyers Come Out Ahead
Although lenders are keeping the debacle of the sub-prime ... Read More |
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How to Find a Roof Leak
By B. Conrad
A
leaky roof is one of the most common challenges faced by homeowners.
When the roof leaks, a variety of problems can follow, from
infestations of mold and mildew to damaged foundations. Many times a
roof leak can be repaired, with low expenses and minimal time
commitment. The first step is to identify the source of the leak.
The first sign of a roof leak is often wet ceiling tiles. In this case,
the source of the leak can be found by tracing the leak backwards to
its source on the roof, keeping in mind that the source of the leak may
be some distance away from where it is dripping into the home. There
are a number of common places for roofs to leak, including... Read More |
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