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Closing Costs

Should Home-Sellers Pay the Settlement Costs of Buyers?

Jack M. Guttentag | Posted 07.21.2016 | Business
Jack M. Guttentag

"In an effort to sell my house I agreed to pay up to $8,000 of the buyer's closing costs. Is there anything I can do to keep the amount as far below $...

How Much Down Payment Do You Need to Buy a Home?

NerdWallet | Posted 05.10.2016 | Business
NerdWallet

The down payment. Cue the dramatic, fear-filled suspense music. Yeah, it's scary. Coming up with enough cash to put down when buying a house is the single biggest roadblock for most hopeful homebuyers. But how much do you really need?

10 Expenses To Consider On The Rookie Home Buying Checklist

MoneyTips | Posted 10.08.2015 | Business
MoneyTips

After years of saving, you are finally ready to buy a house -- but have you really saved enough to buy the house that you want? There are more expenses to consider than just the price of the home, and first-time home-buyers can be caught by surprise at the number and size of the auxiliary expenses.

Mortgage Closing Date: Does It Matter?

Jack M. Guttentag | Posted 08.18.2016 | Business
Jack M. Guttentag

On a purchase transaction, there is no financial advantage in closing on any day of the month, as compared to any other day. On a refinance, however, ...

Pros and Cons of Reverse Mortgages

Jason Alderman | Posted 03.23.2015 | Money
Jason Alderman

Over the last decade, reverse mortgages have been aggressively pitched in TV ads as an easy way for seniors to cash in their home equity to pay for living expenses. However, for many, improper use of the product -- such as pulling all their cash out at one time -- has led to significant financial problems later, including foreclosure.

7 Housing Trends for 2013

realtor.com | Posted 02.17.2014 | HuffPost Home
realtor.com

As 2013 comes to a close and real estate experts predict where the housing market is headed in 2014, a look back reveals several trends.

Buying a Home? 10 Financial Things You Shouldn't Do

realtor.com | Posted 10.30.2013 | HuffPost Home
realtor.com

You've decided to buy a house, and you need financing. Even if you have good credit, you should keep your finances shipshape until closing so that lenders won't think twice.

Note to Home Sellers: Leaving Out VA Borrowers Is Your Loss

Chris Birk | Posted 08.04.2013 | Business
Chris Birk

Lingering misconceptions often keep sellers and agents alike from giving military homebuyers a fair shake.

Memo to First Time Buyers: How to Avoid Closing Cost Sticker Shock

Ron Gitter | Posted 08.02.2011 | New York
Ron Gitter

It never ceases to amaze me how little first-time buyers know about purchasing a home. It's difficult for a beginner to digest all of the facets of a real estate transaction.

First-Time Buyer

Roseanne Colletti | Posted 05.25.2011 | Business
Roseanne Colletti

Not having anything to sell in this real estate market makes you a very desirable credit risk to lenders. This means first-time buyers have a leg up.