Real Estate Buyer


16 Results Found

  • Buy real estate with your IRA

    Are you looking to get out of stocks in your retirement account or at least minimize your exposure to securities? Be it rental homes or a Subway franchise, there is a little known but simple technique known as a self directed IRA. Simply put this allows you to be the fund manager as oppossed to Fidelity, Oppenheimer or other asset investment manager.

  • Understanding Real Estate Closing Costs

    Closing costs can add thousands of dollars to the cost of a home, so it's essential to know what to expect. RESPA stands for Real Estate Settlement Procedures Act, which requires lenders to disclose information to potential customers throughout the mortgage process. Lending institutions must fully inform borrowers about all closing costs, lender servicing and escrow account practices, and business relationships between closing service providers and other parties to the transaction. For more information on RESPA, visit the U.S. Dept. of Housing and Urban Development's Web site and search on the term "RESPA."

  • Property Conditions for FHA Mortgage Approval

    Property conditions for FHA mortgage approval are an important part of the mortgage transaction. FHA property guidelines are put in place as a form of protection to all parties who have an interest in the transaction. FHA ‘s minimum property standards are designed to include the safety, security and soundness of the home. In other words, the home must protect the safety and health of all those that occupy it and cannot have any deficiencies or conditions that affect the sturdiness of the structure.

  • Bank Owned Contact Information

    Use these links to access Bank Owned property listings. Find foreclosed homes by using these links to find listings available directly from the bank. Purchasing any home, especially a foreclosure is best handled with the assistance of a licensed real estate professional.

  • Detroit-Area Company Helps Buyers Break Free From Existing Homes

    Two local homebuilders have partnered with a Midwestern company to entice hesitant customers off the fence and into new homes by offering to rent out their old residences. The program from Detroit-based Marketplace Homes helps overcome the major hurdle homebuyers have when purchasing a new house - how to sell their old one in a down market.

  • U.S. is top 2012 property investment pick

    NEW YORK (Reuters) - The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday.

  • A Large Down Payment or Not?

    With the real estate market resetting back to a realistic valuation and more uncertainty in the financial markets, does it make sense to pay down on your real estate?

  • Pay Down Home or Not?

    If you are paying a 30 year mortgage at 6% Interest rate, your tax equivalent borrowing rate is 4.8% (20% tax rate assumption), 4.2% (30% tax rate). Interest Rate X (1-Your Tax Rate) eg. 5% X (1-.30) = 3.5% Effective Borrowing Costs