How to Choose the Best Mortgage When you are done with paying the mortgage payments, you would have paid more in interest rate alone than the actual purchase price of the house. If you borrowed $125,000 at the interest rate of 8% for thirty years, you would have more...
Mortgage and Mortgage Closing In a residential mortgage, a home buyer pledges his or her house to the bank. If the buyer fails to make the mortgage payments, then bank has a claim on the property and sells to recover the lent amount. The bank can evict the...
Foreclosures, Short Sales or REOs, Which is More Profitable? Foreclosure, short sales and real-estate-owned are distressed sales, but are different from each other. Investing in these properties may be a profitable opportunity, but it needs a lot of experience and...
Things To Mention In Home Marketing If you have a home with commercial-grade, occupied acres of land or have the most famous neighbor, it makes it easy to market when selling short sale home. But, if your house is located in normal neighborhood, there may be a number...
Comparative Market Analysis (CMA) Sells Your Home As soon as you start trying to sell your home, you will be introduced the comparative market analysis (CMA). Comparative market analysis will give you an idea about the trend of market prices. Selling does not happen...
