Determining the legal metes and bounds of a parcel of land will prevent future disappointments and property disputes. Property boundaries have been marked or described in various ways since ancient times. Although historical boundaries have often been perpetuated and historical land abstracts or legal descriptions make for interesting reading, it is the development of sophisticated […]
Debt-to-income ratio is a common term that home buyers start to think about when they begin shopping around for a home loan. Having a high debt-to-income ratio can potentially prevent a home buyer from qualifying for a mortgage. The more that a home buyer knows about debt-to-income ratio, the better prepared he or she will […]
For many people, buying a home as a rental property is a way to build equity and earn some largely passive income as a landlord. There are several ways to finance a rental property. Understanding how each one works makes it easier for investors to explore their financing options. Traditional Mortgages People who want to […]
Getting a conventional mortgage at a fairly-standard price is typical for a lot of home buyers. For luxury home buyers, or those who live in areas with a very high cost of living, jumbo loans might be much more in the norm. This guide walks buyers through what they can expect when they apply for […]
Housing bubbles are sometimes difficult to spot when homeowners are actually living in them. After all, San Francisco and New York City real estate are both sky-high, but that doesn’t mean they’re in a bubble. Renters who are waiting for the market to go down in those areas may end up waiting for the rest […]
Property taxes are a way for a homeowner to invest in and take ownership of their community. These fees are collected so that schools, public grounds, and local officials get the funding they need to function at their peak. But like all taxes, they can also have an impact on how much an owner will […]
Are you look to purchase a home but cannot come up with a large enough down payment to get the best terms on a conventional loan? There are ways to come up with more money to use toward this objective, including tapping into one’s 401k. One should carefully consider all options, but in some cases […]
