Four Reasons to Buy a Home this Fall

Thursday, September 14th, 2017
Julie Morrow

Here are four great reasons to consider buying a home today, instead of waiting.

CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.0% over the next year.

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Closing Cost Primer: Know Your Terms

Thursday, June 22nd, 2017

Buying a home is undoubtedly one of the most expensive ventures of your lifetime. But it’s important to understand that much more goes into budgeting for a new home than the price of the house itself—like closing costs.

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How Can You Use Home Equity?

Thursday, May 11th, 2017

Many homeowners have heard that homeownership is a great investment. However, knowing why and how is a different story. This is especially pertinent when it comes to home equity, which is often a homeowner’s largest financial asset, and can make up over half of their net worth. But how can you use your equity to your advantage?

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By Damien Justus

Thanks to Reality TV, you can see people buying houses and flipping them for profit on cable television and even your local public network. While some of these shows tell you how much the people spend on each segment, others show this process as a seamless task that can be completed with almost no troubles. Experts come in to demolish the site overnight and the host gets to shop for trendy, beautiful replacements. Almost like magic, a new house appears, a huge amount of money is earned and everyone walks away happy.

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By Jessica Thiefels

It's an amazing neighborhood, the price is right—but is the house your dream home?

That's the ultimate question, and there's no one correct answer or even a single way to determine that.

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It's a good time to be a seller.

Home sellers in 2016 saw the highest profits since 2007, averaging a 21 percent gain, or $38,206, according to ATTOM Data Solutions' Year-End 2016 U.S. Home Sales Report. Sellers in San Jose and San Francisco, Calif. saw the highest gain, at 69 percent, as well as those in Santa Rosa, Calif., at 52 percent, Los Angeles, Calif., at 49 percent, and Seattle, Wash., at 48 percent.

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ATTOM Data Solutions analyzed the numbers and found that over a span of 16 years and more than 50 million single family and condos sales, February is the best month for home buying bargains, and eight of the top 10 best days for buying a home are in February.

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by Margaret Heidenry

The hardest parts are over: You’ve found that perfect home in a haystack of listings, negotiated a deal you’re happy with, and secured a mortgage—and you’re now in the home stretch of the home-buying process. Just one more critical hurdle lies ahead: the home closing. Also known as “settlement” or “escrow,” this is a day when all involved parties meet to make this transaction official.

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Surprise! You might know more about real estate than you think. For example, you know that square footage, number of bedrooms and bathrooms, lot size, and location determine home value: A 4,000-square-foot, five-bed, five-bath beachfront home for sale in Miami, FL, will almost always be worth more than a 2,000-square-foot, two-bed, two-bath home on a quarter-acre lot 20 miles inland.

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5 Wise Ways to Use $100

Thursday, October 13th, 2016

By Barbara Pronin

Maybe you got a tax refund. Maybe a friend paid back an old debt. Maybe you got from one paycheck to the next and—amazingly—had $100 left over. You may be tempted to blow your windfall, but $100 doesn’t buy all that much these days. Far better, according to The Motley Fool, is to use that $100 in one of these 5 wise ways:

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