Today's Real Estate News and AdviceUpdated: May 28, 2004Mortgage Holders Have Higher Credit Scores An interesting thing happens on the way to home ownership: A mortgage improves your creditworthiness and, so it would seem, your penchant for credit cards. A recent study found the average mortgage holder has more than three times as many credit cards as the average credit consumer. FULL STORY-> Refinancing Consumers Could Gain Negotiating Edge Only 8 percent of homeowners plan to refinance their mortgage in 2004, and given that some of them will visit lenders, brokers may be scrambling for their business. But a recent study reveals brokers may be looking through rose-colored glasses at those borrowers. FULL STORY-> More On Interest-Only Loans Mortgages that carry an interest-only payment option can be used to temporarily relieve cash flow. Add an ARM to the menu and your payment drops considerably. But make sure you know all the pitfalls, as Henry Savage explains to one reader. FULL STORY-> Insurance Policies Pay For Many Environmental Claims Did you know that many home-related environmental insurance claims are covered by insurance? So the next time your heating oil tank overfills, relax. Your insurance company may be able to assist you. Stuart Lieberman explains. FULL STORY-> Many Homeowners Unaware Of Electrical Hazards After depending upon electricity for more than a century, we tend to take it for granted. A survey by independent insurance agents shows that a quarter of U.S. houses are never checked for potential electrical hazards. Al Heavens has the story. FULL STORY-> Burbank, California: Entertainment Capital Has Small Town Values Realtors in Burbank, California say that the dominant entertainment employers have helped to create a delightful community with a friendly small-town ambiance. FULL STORY-> Paint A Top Priority For New Owners Whether the house is old or new, one of the first things most recent home buyers do before getting settled is grab some paint and a brush. And the colors they are picking may surprise you. Lew Sichelman has the details. FULL STORY-> Measuring HOA Manager Performance When HOAs engage professional management, there is a general expectation of the manager handling business professionally. As time passes, those general expectations can become specific concerns when performance is questioned. FULL STORY-> How To Prepare For Higher Mortgage Rates Higher mortgage interest rates are coming. How they will affect your budget depends not only on how high they will go but on how well you are prepared to cope with the increase. Broderick Perkins has the story. FULL STORY-> April Existing-Home Sales Just Shy of Record Sales of existing single-family homes rose for the third consecutive month and were at the second-highest pace on record, according to the National Association of Realtors®. FULL STORY-> Alberta Community Realtors Suggest Investing In Rentals Alberta, Canada communities such as Calgary and Edmonton are experiencing softer sales, but local Realtors believe there is opportunity in rental investments. FULL STORY-> Where Is Homestore's Future? Homestore has been under new management for more than two years, but while the company has made progress it continues to lose money. Peter G. Miller says a new strategy is needed. FULL STORY-> Portable Generator Deaths Surge Portable generators come with responsibilities that call for great attention to detail in their operation, fuel storage and maintenance. Otherwise, they can become deadly appliances. Broderick Perkins reports. FULL STORY-> Fort Worth, Texas Home Sales Soften, But Values Brighten Rising interest rates have slowed housing sales slightly in Fort Worth, Texas, but local Realtors say this is the place to put your money for a terrific place to live. FULL STORY-> Consider Affordability When Changing Provinces Moving to a new province? Affordable housing may be an excellent reason to select an area, but long-term affordability is essential to successful real estate ownership. PJ Wade offers insights into provincial economies. FULL STORY-> U.S. Virgin Islands Realtors Report Booming Sales The U.S. Virgin Islands are experiencing a real estate boom, report local Realtors, due largely to still-reasonable prices. FULL STORY-> More Real Estate News and Advice... The offering of this property is subject to prior sale, changes in price/size or removal from market without notice. Information is believed to be accurate but is not guaranteed by agent. Back up offers will be accepted.
Website design and hosting by iHouse2000 ®
| |
