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Second Mortgage Versus 401K Loan
July 10, 2000 "I need $10,000 for a home improvement.  I can either take out a home equity loan or I can borrow from my 401K retirement fund.  Would the tax benefits on the home equity loan outweigh the advantage of ... more...

Questions About Title Insurance
December 16, 2002 "What is title insurance?"   Title insurance is protection against loss arising from problems connected to the title to your property.   Before you purchased your home, it may have gone through several ownership changes, and ... more...

residential property real estate home equity your search related definitions

Home Equity Loan
Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more...

Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more...

More about residential property real estate home equity your search

FSBO You Can Save Thousands in 7 Easy Steps
1.Determine Your Market Value: Some of leading edge real estate brokers offer a free over-the-net home evaluation. Online; city and county tax records, Realtor.com, bank on line home evaluation tools. Local legal business newspapers.2.Preparing Your Home To Sell: The idea is to have the best home ... more...

Why Choose a Bridging Loan?
Listed below are some of the reasons for choosing a bridging loan. A bridging loan is a short term mortgage which is secured by your property. This is usually arranged by getting a mortgage on the new property, and taking out a second mortgage on the property being sold.In effect, this type of ... more...

Part 1: FAQs From Media Interviews With Real Estate Author
Do you feel there is going to be a real estate bubble?Nash: No. Are some coastal and resort markets over-heated, yes. I dont feel that markets will collapse. But investors and property owners should be ready for longer market times, diminishing over-full-price and multiple offers in over-heated ... more...

U.S. Real Estate Sought By Foreign Investors Due to a Weaker Dollar
The weak US dollar has been good news for real estate. Taking advantage of the favorable conversion rates, foreign investors are eagerly picking up real estate in major cities across the US. Who is buying and where are they investing?WHO IS INVESTING?In recent years the U.S. real estate market has ... more...

What is a Home Equity Loan?
A home equity loan is a loan that is guaranteed by your home. Are you in urgent need for cash and want to get the same without selling off your home or property? Getting a home equity loan is a good way to do so.Equity on your home is essentially the difference between the value of your home and ... more...

Can You Buy a Home While on Vacation?
It may not be as crazy as it sounds. According to the National Association of Realtors, one out of every three residential homes purchased in 2004 was a second home. Many of these are mountain cabins or beach cottages. That said, buying a vacation home is not something to do on a whim.You should ... more...

What is a Foreclosure?
A foreclosure is an action taken against a property owner by seizure of his/her real property. It can be for many reasons. The main cause is delinquent payments on a mortgage. The mortgage company or second and even third mortgage holders contact the owner, then the trustee (usually an attorney) to ... more...

Buying New Construction...How Do I Begin?
The prospect of shopping for a new construction residence can be quite daunting, but the rewards of owning a brand new home out-weight the disadvantages if you know the potential pitfalls. The following are important considerations: Overall Dollar Budget, Location, Cost Per Square Foot, Finishes, ... more...

Negotiating the Sale of Your Home
Negotiating a successful sale of your home requires an environment that sustains the buyer's interest and trust during the process. Many of our clients have been very experienced negotiators, and from them we have learned that the goal is to reach a "good agreement" - one in which the underlying ... more...

Real Estate Bubble: Sophisticated Musical Chairs?
The real estate bubble is a hot topic today; annual appreciation and housing prices have never been higher in most U.S. markets. While personal incomes have risen in the single digits over the last four years, home prices have risen in the double digits. Home prices in some markets will reach ... more...

Pricing your House to Sell
Most Sellers set their initial asking price at an amount somewhat higher than they are actually willing to accept, fully expecting a buyer to open the bidding with a lesser amount.While price is the most frequently negotiated item in any home sale, you may be able to creatively provide financial ... more...

Boston Real Estate You Still Have Considerable Control Over the Sale of Your Boston Home
Boston real estate is a hot topic. Daily newspaper articles comment on whether or not a bubble exists in the Boston real estate market, when and if it will pop, how interest rates affect the market, why Boston residents are snapping up interest-only loans, and how foreign investors in our ... more...

Useless Real Estate Middle Men and How to Avoid Them!
How do HomeGain, Realtor.com, Service Magic and other companies like this make money? These companies are called lead generation companies. They spend vast amounts of money advertising on TV, the Internet, radio, and in print so that youll go to their website to find information about real estate. ... more...


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