Updated:
Monday, April 06, 2020
Do You Really Skip Two Payments When Refinancing?
Written By: David Reed
First, lets understand that mortgage payments are made in arrears. Its the opposite of a rent payment. When renting, youre actually paying for the month youre about to live in. With a mortgage, youre paying for the month you just lived in. For instance, you make your mortgage payment on the first of the month, but the payment is for accrued inte...
Living in a virtual worldIve been telling people for years that I believe agents and consumers will demand a virtual office solution going into this next decade- that is now becoming a reality.nbsp; For the past five years, my team has been able to do everything virtually and physically at my brokerage in Omaha. We are now operating 100 virtuall...
1. Living RoomThe living room is part of the home where you are likely to be entertaining your guests most often. Thus, you should make sure that it presents itself very well to others. Otherwise, people may think youre a messy and cluttered person.nbsp;You dont need to do much or modify too many parts of your living room. You only need to consi...
Can You Have a Copy of the Homes Sales History?It is important to know about how many times the home has changed hands over the years as well as for much the home sold for each time. This will let you know about your prospective propertys value fluctuations which can help you sell the home and negotiate fairly in the future.What is the Cost of M...
Shark Tank star and real estate icon, Barbara Corcoran, is the latest to weigh in, telling TMZ that, Nows the time to score a steal, they said. She told us buyers who are willing to pay special attention to details can find properties discounted by as much as 25. Shes seen it happen in NYC, and says that kinda deal wont be uncommon due to the ha...
Youre working from home, which means youre bored, and youre looking for stuff to do. If you own your home, that stuff probably means home improvement projects. Weve got tips on what to tackle during the quarantine.Do an even deeper clean than usualIt is spring, after all. This year, in addition to annual spring cleaning list, add a few tasks tha...
Answer: CCamp;Rs stands for "Covenants, Conditions amp; Restrictions". CCamp;Rs include the Declaration, Bylaws, Rules, Regulations, Policies and Resolutions.As far as standing up in court, no one can predict the outcome of a judge or jury decision. But the board has a responsibility to make sure all rules, regulations and policies are in writin...
Of course, Fallons home may be slightly different than ours. From what we have been able to see on The Tonight Show at home, a pared-down version of his weeknight show that has been a family affair, with his kids and wife participating, the home is as interesting as he is. It has a slew of eye-popping features, including a rustic wood staircase,...
Check Local Ordinances and Homeowners Association RulesWhen youre looking for a home, either rented or purchased, youll need to follow the rules of the community that youre entering. Most areas have general ordinances on cleaning up after your dog when you go for a walk. Theyll also have leash laws, and they might have other ordinances on what k...
Sounds like a pretty good idea, doesnt it? Take a break from making this months mortgage payment plus skipping the next one? Who wouldnt want that? But lets take a closer look at what actually goes on with those payments during a refinance transaction.First, lets understand that mortgage payments are made in arrears. Its the opposite of a rent p...
1. Research the Real Estate MarketNot every market is the best choice for flipping houses. For example, if youre starting off with just 10,000 that you can work with out of pocket, you probably shouldnt start flipping houses that are being listed in the millions. It wont work out well for you and youll end up with less than you started with. The...
Set yourself up for success by using these five tips when buying a house:Repair and Build Your CreditThis is a step that has to be done before you start negotiating rates and looking at houses. If you have a lot of debt to pay off you will need to start paying it off or find some way to repair your credit. You want a good credit score because th...
Varying government agencies have taken similar steps to those during 1918s pandemic to quell the spread of the coronavirus; isolation, quarantine, use of disinfectants, and limitations of public gatherings. These measures seem to be the fastest way to rid the general population of this kind of virus. During these times, the economic effects are ...
Freddie Macs results of its Primary Mortgage Market Survey shows that "The Federal Reserves swift and significant efforts to stabilize the market were much needed and helped mortgage rates drop for the first time in three weeks. Similar to other segments of the economy, real estate demand is softening. However, the combination of the Feds action...
These are uncertain times, to be sure. But those same low rates that are driving refis are also attracting homebuyers. The 30-year fixed mortgage rate hovers above 3 percent, the lowest that it has been in nearly 50 years, Andrina Valdes, executive sales leader and CEO ofnbsp;Cornerstone Home Lending, Inc., told Apartment Therapy. The lower the ...
Hurdle 1: Failure to use the Reserve Study or not having one in the first place. Homeowner association boards have the duty to conduct long range planning to identify common elements, their current condition, their useful lives and current cost of repair or replacement. This exercise is called a Reserve Study. Some boards believe that a reserve ...
The kitchen is the heart of the home. This place is one of the most favorite places of moms, and for them, it is important to maximize the kitchen space so as to represent their personality and to serve their culinary needs efficiently.nbsp;Whether the space is big or small, there are definitely plenty of ways to spice up the kitchen and do all ...
But working from home takes a certain kind of discipline. And flexibility. And finesse. Especially if your spouse is also working from home and your kids are out of school. If youre new to this, we have a few tips that will help it go smoothly.nbsp;Eat and drinkthe right stuff at the right timeIts easy to get caught up in work and forget to eat ...
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