The home buyer credit, extended and expanded over the last 3 years is set to expire today, wed june 30th with Congress still unable to approve the extension as part of HR 4213 (see previous update below). However, recently released data for May 2010 shows worrying trends of sharply declining sales of existing and new homes. . . . → Read More: TAX CREDIT EXTENSION UPDATE!!!
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There was a time when there was one basic type of home loan. It had a fixed interest rate, level monthly payments, and ran from 20 to 30 years. It still remains the favorite of most buyers. A prospective buyer has made an offer for less than your asking price. You would sell for less than your original asking price, but not as low as the current offer to buy. Now is the time for a counter offer. In our columns, we write for the general public. We refer to “buyers” and “sellers” because readers understand this. That’s all that counts. However, if you read legal documents concerned with real estate, or if you pick up a book on real estate written from a legal point of view – you’ll see the words grantor . . . → Read More: Who's Who The manner in which you acquire title when buying a piece of real estate can have serious consequences in terms of planning for the future. Although each state has variations on taking title, the difference in each form of ownership is very important and needs to be understood by anyone purchasing real estate. Taking title as . . . → Read More: Which Form of Title? |
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