The current housing market has lowered home prices, making homeownership more available to first-time buyers. But smart buying doesn't always mean getting the best price for a piece of property. There are many factors to consider. Bankaholic®, a financial web site,...
Home Buying
Housing is a Huge Topic…
...of discussion these days. The bust gets more discussion than the boom. Everyone was talking about the rising housing values two years ago. Housewives were talking about getting together to buy some property on speculation and sell before the project was even...
5 Homeownership Tax Myths
There's nothing quite as confusing as taxes and homeownership. To help, Bankrate.com has a four-page article debunking five myths of homeownership. They are:1. Mortgage interest will reduce my tax bill.2. All costs related to my home are deductible.3. I must use home...
Seeking Foreclosed Properties
Consider it a sign of the times. Reuters reports that with the boom in foreclosures comes a boom in foreclosure web sites. RealtyTrac, a popular foreclosure listings site, has seen traffic triple to three million unique visitors from two years ago, which should be...
Where to Buy?
With the supply of houses on the market skyrocketing and prices nosing downward, would-be home buyers are standing on the sidelines trying to find the pick of the litter. Entrepreneur.com has a useful list of cities on the rise and ones buyers should avoid. According...
Dead-Serious Selling
Since it's just one day past Halloween, I thought this story was still timely. Two homeowners in Pittsburgh, Bob and Ricki Husick, who have had their house on the market for a year, have come up with an intriguing proposal: The purchaser of their home will receive a...
Home Buyer Savvy
With today's house-buying market favoring the buyer, it's wise to take your time and really review a property before deciding to buy. Experts warn of common coverups that could signal underlying problems. Most of these cosmetic repairs mask water problems, so keep a...
Find a Neighborhood Fit for Walking
The price of gasoline is going through the roof and people are finally looking to live in walkable neighborhoods. By definition, a walkable neighborhood has stores, restaurants, schools, and parks near enough that you won't need a car to get to them. Sounds great, but...