The prime home-buying season is upon us, and with it, mounds of paperwork. And, let’s be honest—a chunk of that paperwork will be devoted to the real estate purchase contract. Here’s how you can sign on the dotted line without losing your mind. What it is A real estate purchase contract is a legally binding document…
SAN FRANCISCO – April 2, 2015 – With the spring selling season in full swing, now is the time for clients to improve their home and make it more appealing to potential buyers, even if they don’t plan to put it on the market right away. Where to start? Peter Chovanes, a Realtor® with Van Guard…
Owning a home can pay off at tax time. Take advantage of these homeownership-related tax deductions and strategies to lower your tax bill: Mortgage Interest Deduction One of the neatest deductions itemizing homeowners can take advantage of is the mortgage interest deduction, which you claim on Schedule A. To get the mortgage interest deduction, your mortgage must…
WASHINGTON – April 2, 2015 – A diverse group of housing industry stakeholders participated in a credit access symposium today to discuss how alternative credit scoring models could expand access to mortgage credit for responsible borrowers who may have thin credit histories or extenuating circumstances like medical debts. The event, co-hosted by the National Association…
Home buyers enjoyed another week of low rates as we headed deeper into the spring home-buying season. Freddie Mac reported interest rates largely unchanged from last week, even as pending home sales increased. Buyers are out shopping, yet they still have very few homes to choose from in most markets. That said, for the fortunate…
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