Flood Insurance Is Getting More Affordable
The National Flood Insurance Program is working on allowing policyholders to pay their premiums on a monthly basis. Previously, premiums could only be paid annually.
A Homebuyer’s Glossary of Key Terms to Know
Real estate has its differences – like the difference between spec houses and custom-built homes, or between a pending sale and a completed one.
One Mortgage Banker’s Plan to Fix the Housing Crisis
To Mark Milam, a mortgage banker and loan originator in Atlanta, many current proposals are like “swallowing an aspirin next year for a headache you have now.”
Are People Losing Interest in Second Homes?
Are people losing interest in second homes? It appears so, according to an analysis of the latest Census Bureau data.
Early Returns Show Commissions Are Falling
A survey of some 1,300 agents and brokers suggests that the class-action settlement that rocked the real estate world is pushing real estate agent commissions down.
Dropping Homeowners Coverage Could Prove Costly
If you’re a homeowner who’s considering canceling your insurance coverage due to the high cost, think twice. You could be up the creek even without a natural disaster.
Many Vacant Houses Need to Be Registered – Even Vacation Homes
Many local governments started requiring vacant units to be registered following the Great Financial Crisis. Ignoring these rules can prove costly.
Some Houses Are Movie Stars
‘Beetlejuice Beetlejuice,’ the sequel to the 1988 Tim Burton horror comedy, raked in $110 million during its opening weekend in September. But how much would it cost to buy the Connecticut house where most of the movies’ action takes place?
Sellers, It’s Time to Think About Concessions
Sometimes, homebuyers are hesitant to pull the trigger. They might love the house they found – it’s priced right and mortgage rates are coming down – but they just can’t decide whether to move forward.
Seller Deed Fraud Seems Hard to Stop
Scammers succeeded in stealing one Massachusetts property and almost got their hands on another this summer using a type of fraud called “seller impersonation.”
Don’t Miss the Chance to Refi
If the past is prologue, millions of homeowners with high-rate mortgages won’t refinance their loans, even as mortgage rates tumble.
Cash Buyers Can Get Their Money Back
Cash is king when it comes to buying a house. Always has been, and always will be. And these days, individual cash buyers – as opposed to cash-laden investors – have an even better shot of scoring the house of their dreams.
A Homeowner’s Playbook for the Day After Disaster
These days, disasters like wildfires, tornadoes, floods and hurricanes are more powerful than ever. It’s increasingly likely your home will be hit one way or another.
States Are Taking the Fight to Squatters
Some states are taking long-overdue legislative steps to deal with squatters: people who take over others’ properties without their consent, sometimes dumping the owner’s stuff and trashing their homes.
How Homeowners Can Save on Rising Insurance Premiums
Homeowners may be able to find some relief from rising property taxes and insurance premiums – without doing much work in the process.
Basic Customer Service Creates Big Opening for Agents
Nearly half of online property inquiries are simply ignored, according to new research from real estate analyst and consultant Mike DelPrete.
Thinking Solar? Beware of Crooked Lenders
Homeowners considering adding solar panels to their rooftops should beware of crooked lenders who mislead customers about the terms and conditions of their financing.
How Buyers Can Pay the Buy-Side Commission
Attention, buyers: How are you going to pay your share of the sales commission on the house you want to buy? There’s a lot to understand, now.
In a Home Inspection, Don’t Sweat the Small Stuff
There’s a lot of give-and-take when it comes to buying a house. But perhaps the most important bargaining takes place over the report from the buyer’s home inspector.
Listing a Home? Get the Sellers to ‘Edit’
Price, location and condition all play a part in whether or not someone decides to buy your house. But a homeowner can only control one of them, and it’s not price or location.
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