Mortgages // Browsing posts in Mortgages
Couples Therapy: 6 Financial Tips for Less Romantic Times
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Valentine’s Day is a time for roses, chocolate and sparkly dinners. But according to RISMedia, if you want to ensure your relationship with your partner endures through less-romantic times, be sure to talk about finances. Being on the same page about all of your financial data is a long-lasting way to show each other your...
Torched House Trend: Arson Added to Mortgage Meltdown?
Arson is nothing new in Detroit. It’s a time-honored weapon of the angry, vengeful, distressed and dispossessed in a city that gets hurt harder and sooner than others, making it a perfect place to spot early evidence of stress from the real-estate meltdown. The Detroit Fire Department can’t draw a definitive link between its rising...
Which is Right for You? Buying vs. Renting
No one knows what the future holds for you, your family, your job or your finances. But Bankrate.com can help you understand what you’re going to encounter when you embark on the sometimes-difficult journey toward the American Dream of owning a home. When you get that urge to buy a house, the first thing to...
Offbeat Options for First-Time Homebuying
So you want to buy a place of your own but can’t figure out how to pull together the necessary cash and financing? If you’re willing to think creatively, MSNMoney offers us seven offbeat options for buying your first home: The Fixer Upgrade - When you can’t afford what you want, look for what you...
More Mortgage Basics for Homebuyers
Adjustable or floating rate, 15-year or 30? How much mortgage can you afford? These are just a few of the many questions home buyers will find information on in Yahoo! Real Estate’s How-to Guide of Mortgage Basics. So before you start mining for the perfect mortgage, make sure you have an understanding of the options...
Noteable Quote: Recession-proof market? They do still exist!
In a recent article in the Salt Lake Tribune, Dana Williams (Real Estate Broker and Mayor of Park City, UT) made an interesting comment on a place where two out of every three dwellings are second homes… “In tough economic times, when there is a downturn in the economy, people tighten their belts and don’t...
Home Equity: 4 Steps to Take Before Borrowing
If you think you’re ready to tap some of the equity in your home, do your homework first. The time you spend now could save you heartache (and plenty of dough) in the future. Bankrate.com’s experts advise us of four steps to take before signing on the dotted line: 1. Consult your financial advisers. Financial...
Closing Costs Explained: Understanding Points, Rates and Fees
Not only do you have to understand what type of mortgage you should choose when buying a home, you have to understand the costs associated with your mortgage. Yahoo! Real Estate explains a few of the costs that will be paid upon closing your mortgage. Purchase Points Purchase points, also known as a “buy-down” or...
Buyer Beware: Incentive Distractions vs. Fair Financing
A home-buyer’s market is a beautiful thing when you are eyeing the house of your dreams, your appetite whetted by this year’s nationwide drop in home prices. Add to this a free incentive by the seller, such as a finished basement or a flat-screen TV, and you may be tempted to close the deal sooner...
Housing Industry Hit Again
According to RealEstateJournal.com, more than two years into the housing downturn, unpleasant surprises and market rumors are continuing to wreak havoc in an industry that may be leading the economy into a recession. The market received its first jolt yesterday from KB Home, a leading home builder that investors have viewed as well-positioned to ride...
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5 Minneapolis Metro Suburbs listed in CNN Money’s Top 25 Places to Live in 2010
CNN Money just came out with its latest "Best Places ...
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First-Time Homebuyer Tax Credit Extended (Closing Date Only)
Legislation was signed over the weekend to extend the closing ...
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Edina Housing Stats – May 24th 2010
Current Edina Housing Activity
There are currently 488 active properties for ...
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We’re remodeling!
Hang with us for the next couple days weeks ;) as ...
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