Monthly Archives: October 2013

Seven things that kill your home sale

Your home can be immaculate, in a great neighborhood and priced right. But when a prospective buyer walks in, they can be persuaded to turn and walk out. Obviously, they’re motivated; otherwise they wouldn’t have wasted the trip. If your … Continue reading

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What is eminent domain, and should I be worried?

One of the things that property owners must be concerned with is eminent domain, which is defined as “the right of a government or its agent to expropriate private property for public use, with payment of compensation.” City, county, state … Continue reading

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Lenders using new criteria to determine credit risk in mortgage loans

A low credit score doesn’t necessarily result in an automatic turn down for a mortgage loan. Mortgage lenders are looking for borrowers who are good risks, even though they may have little or no credit history. Lenders are now looking … Continue reading

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What the government shutdown means for home buyers and sellers

With Congress unable to come to an agreement, we’ve got a situation known as a partial government shutdown. The last time this happened was in 1995 when there was a shutdown that lasted for 21 days. Many agencies, such as … Continue reading

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Tax Credits for New Windows, Doors

Homeowners still have time this year to rack up a $200-$500 federal tax credit on new windows and doors, according to consumer website HouseLogic. The key is ensuring they install products that fit the Feds’ exacting standards. Lead the way … Continue reading

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How unemployment affects mortgage rates

When Federal Reserve Chairman Ben Bernanke announced last week that the Fed would not curtail its bond buying program, the mortgage industry breathed a sigh of relief. Rates dropped slightly after the announcement. Interest rates had been rising steadily since … Continue reading

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