Home Buying

A slumping real estate market may bring advantages to those looking for that second, or even third, vacation home. But there are downsides to consider as well.

Before the housing bubble burst and mortgage default rates escalated, a home purchase following bankruptcy was relatively simple. Now lenders are more cautious, but it’s still possible to buy a home after bankruptcy with the right preparations.

A condominium may conjure up pleasant thoughts of a home without the hassles of grounds or exterior maintenance work, but there’s much to consider before entering into condo ownership.

With interest rates coming off of 30-year lows and the stock market looking too perilous for small investors, many people are putting money in an asset they understand – real estate.

This guide, created by The Department of Housing and Urban Development, discusses settlement costs, legal issues, and other helpful information to consider before you purchase a new home.