My mortgage lender informed me that my escrow account, used to pay my homeowner’s insurance and property taxes, was underfunded recently. I could either send them a lump sum, or they could raise my monthly mortgage payment. The funny thing was that I received a check from my lender because my account was overfunded just […]
The perfect house has come up for sale. It’s the right size for your family, in the right neighborhood, and in your price range. You plan to call the phone number of the real estate agent who’s toothy grin graces the sale sign and get started on your path to home ownership. Except calling the […]
This post brought to you by Chase. The content and opinions expressed below are that of MoneyNing. I mentioned last time how rising mortgage rates create an interesting dynamic because while the rates affect monthly payments directly, the higher cost of ownership puts downward pressure on home prices. The recent survey by Chase along with […]
The housing market seems to have turned the corner. Thanks to an upswing, prices are improving slightly, while interest rates are still low enough to encourage real estate investment. Sure, we saw a slight slip in the housing market recently, but investors are still calling for an upward movement, based on tighter inventories and lower […]
Watching the show “Flip Men” on Spike has reignited the idea of flipping a house for me. I have been interested in buying and flipping or looking for a property to buy and rent for some time now. Not being much of a handy man, this idea is quickly dismissed, but can flipping a house […]
Many Americans may understandably feel a little gun-shy about the real estate market these days, but the truth of the matter is that there has never been a better time to invest in real estate. Mortgage rates are at all time lows, and with a market still only slowly recovering, many homes can be bought […]
