All Posts Tagged With: "buying"
Inflation, Deflation, Mortgages & Wealth
Freddie Mac’s weekly mortgage rate survey shows that the average 30-year fixed-rate mortgage (FRM) was priced at 5.59% with .7 points. This is a huge jump from last week when the rate stood at 5.29 percent and a vast leap when compared with the rate for the week of May 21st: 4.82%. Higher rates are [...]
12Jun2009 | Peter G. Miller | 0 comments | Continued
Can I Sell “As Is” A House I Inherited?
Question: I’ve been offered a reasonable price on a house I inherited. I want to sell it in “as is” condition. What things should I look out for to protect myself during escrow and after closing? Answer: The matter of “as is” sales has evolved during the past decade or so. The best advice used [...]
21Sep2008 | Peter G. Miller | 0 comments | Continued
What rules prohibit discrimination in real estate sales and financing?
The federal Fair Housing Act is the major legislation prohibiting discrimination in real estate — it provides that there can be no offer to sell, rent, buy, or exchange property that contains any preference, limitation, or discrimination based on race, color, religion, sex, national origin, handicap, or familial status, or an intention to make such [...]
1Sep2008 | Peter G. Miller | 0 comments | Continued
Can A Spouse Buy Alone?
Yes. However, he or she can only borrow on the basis of their individual income and his or her credit standing. Together a couple might have far more income. Lenders, incidentally, will probably want both parties on the property title even if you are not on the mortgage — this removes a barrier should foreclosure [...]
31Aug2008 | Peter G. Miller | 0 comments | Continued
Are We Over-Protecting Home Buyers?
Have you been to any kind of a doctor or dentist lately? It’s remarkable to see how technology and research have changed medical care. But now arises a medical question which — as we shall soon see — relates to real estate: Has medical testing reached the point where it has spawned an industry dedicated [...]
17Aug2008 | Peter G. Miller | 0 comments | Continued
Roof Repairs: Hidden Issues From Atoms To Eaves
One of the most visible and expensive components of any home is the roof, a combination of materials and construction designed to protect homes from rain, wind, snow, and fire. Most of us rate roofs on the basis of whether they leak, how they look, and the remaining life expectancy of the materials used. These [...]
2Aug2008 | Peter G. Miller | 0 comments | Continued
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