All articles in Tips for Home Buyers

How to DIY Credit Repair Tips

Buyer Beware of “Credit Repair”

One of the booming  cottage industries that has emerged from the Great Recession is credit repair companies. Most are by the same people who flew the sub prime mortgage industry into the ground lying to home buyers about their ability to refinance out of a high cost mortgage into a more affordable long-term mortgage in just two short years once their credit improved. Continue reading How to DIY Credit Repair Tips

What is a Mortgage or Deed of Trust?

To understand what is a mortgage is you first have to understand the etymology {history}  of the word mortgage.

It is said that the first mortgage ever recorded dates to 1190 in England. Common English Law provided protections to the grantee (lender) of that mortgage loan and these protections granted the lender in the borrowers property.

At that time most pledges or loans were what was known as “Living Pledges”  which were just that pledges of possessions while one was living until the debt was paid. Continue reading What is a Mortgage or Deed of Trust?

5 Reasons NOT to Buy a Home

5 Reasons NOT to Buy

There is no shortage of BLOGs by Realtors and Lenders alike that scream at you the top reasons you should buy a home now, RIGHT NOW and yes I would be remiss if I didn’t point out that I too have a post just like that on this very site.

Five Great Reasons to Buy a Home today

But you didn’t come here to read what you already know, you came here to find out what you don’t know and that is:

WHY YOU SHOULDN’T BUY A HOME TODAY. Continue reading 5 Reasons NOT to Buy a Home

Loans for First Time Home Buyers

Due to the recent … More Loans for First Time Home Buyers

$14 Billion in No Money Down Guaranteed Loans for Rural Homebuyers

Contents Related articles USDA RURAL DEVELOPMENT GUARANTEED RURAL HOUSING NEWS From the National Office in Washington DC June 15, 2011 … More $14 Billion in No Money Down Guaranteed Loans for Rural Homebuyers

4 Energy Savings Tips to Keep your Home Cool! (via Kecia Speaks of Real Estate & Home Life)

In addition to these great tips in my home I implement a zero tolerance policy to cooking inside at … More 4 Energy Savings Tips to Keep your Home Cool! (via Kecia Speaks of Real Estate & Home Life)

$24 BILLION DOLLARS ALLOCATED FOR GUARANTEED LOANS!

The USDA is begging for people to borrow their money! The program will be undergoing significant changes in … More $24 BILLION DOLLARS ALLOCATED FOR GUARANTEED LOANS!

NC Home Buyer Tax Credit *UPDATE*

In April I wrote about a bill introduced in the North Carolina General Assembly HB/485 that I dubbed Cash For … More NC Home Buyer Tax Credit *UPDATE*