Fixed rate mortgage

No matter whether the real estate market is going up or down, there are some things you can do to almost guarantee that your home will sell faster, easier and for a little more money than compared to a similar house in the same street. However there are some big real estate selling mistakes that many home owners overlook that could affect their ability to sell their properties. Let's look at some of the biggest real estate selling mistakes home owners make. 1. Poor Condition Selling real…

What is a Realtor's commission? A realtor's commission is the fee agreed to in turn for their help in assisting home-buyers or sellers during a real estate transaction. The commission is decided upon by services to be rendered and depending upon the amount of work and market conditions. If you choose to employ both a listing and selling broker this commission is roughly split between the two parties. If you choose to buy or sell a home and employ a real estate agent, an important factor to…

Maximum Rate of Interest on Loans, Including Mortgages Upon receiving a written request for relief and a copy of a servicemember’s military orders, the Bank, for the duration of the servicemember’s military service, reduce the interest rate on debts incurred by the servicemember, or a servicemember and spouse jointly, before entry into military service to no more than 6% per year. (This applies to the individual servicemember’s debt or joint debt with a spouse.) Procedures: Upon receipt of…

Filing for Chapter 13 bankruptcy is a major decision – one that will impact your future for years to come. Though bankruptcy certainly has its share of benefits, it’s essential you obtain a basic understanding of the process prior to filing. In the following entry, a bankruptcy attorney from Sam Turco Law Offices outlines a few common Chapter 13 bankruptcy FAQs. Chapter 13 Bankruptcy FAQs What Is Chapter 13 Bankruptcy? Chapter 13 bankruptcy allows you to repay a portion or all of your debts…

lenders take into consideration before they decide to approve you for a loan or credit card, including your total debt and income. However, if you have an excellent credit score, then you will be much more likely to get approved. Better Interest Rates You can still get approved for a loan or credit card with…

Renting during an IVA One of the main concerns for anyone entering an IVA is what will happen to their home – whether that’s their own home or a rented property. You will find answers to the most common questions we get asked whether people can rent a property during an IVA below. Will an IVA affect my current rent contract? An IVA shouldn’t affect your current rent contract but we recommend you check your contract just in case there is a clause to say you can’t be insolvent while residing at…

Curb appeal is something homeowners typically only think of when they go to sell their home, yet this is a mistake. Remember the old saying about only have one opportunity to make a first impression, and think about what a home lacking curb appeal says to guests and visitors. Does it suggest the owner is lazy and doesn't care about his or her home? Some may think the person is very busy, yet others may think the owners don't have the money to make improvements. A large part of curb appeal…

Before the rough patch relators were pretty harsh and took their jobs to the next level. When real estate started coming back they were more open to what buyers wanted. Properties and houses are selling at a lower rate than they ever have been and people are wanting to buy more. Since relators are having the “I just want to put food on the table” motto they are willing to work with buyers prices. Therefore making it easier for people to buy houses in general. The…

Is it preferable to fix or float interest rates in the current economic environment? This is the question now facing Marcus Garvey, who is planning to buy his first home in October of this year. Making the right judgement on whether to fix or float interest rates on a mortgage, in conjunction with what period of time, could be the difference of thousands paid to the bank in additional interest. In order to assist Marcus in this decision, several variables must be considered. The first and most…

lived the dream. Feeling the pride of ownership, having a place to raise a family, create memories and receive tax benefits. Then the day comes the economy takes a downfall, and people start to lose their jobs. Cash becomes low, not enough to pay the mortgage on the house, and then the home is foreclosed. Taken away by the banks, losing the benefits of owning a home, and forced to waste money on a rental. Wondering if there is hope of ever owning a home again. Painting walls, adding new…