Posted by NewBuyer on December 26, 2009 | No Comments
This glossary is provided by a buyer’s agent association resulting in an extensive listing of real estate terms geared toward home buying. The glossary is also available for download in an easy-to-read, printable format.
An example definition from the resource: ” (A Bridge Loan) is a short-term mortgage made until a longer-term loan can be made; it’s sometimes used when a person needs money to build or purchase a home before the present one has been sold.”
Source: NAEBA
Read More About Home Buying Terms at Newbuyer.com
Posted by NewBuyer on December 26, 2009 | No Comments
An easy-to-read, valuable look at the differences between a car lease and a car loan. See how an auto lease differs from an auto loan with regards to terms, type of vehicle, ownership, up-front costs, monthly payments, car insurance, early termination, vehicle return, future value, car maintenance, mileage, excess wear and end of term.
Source: Autosite.com
Read More About Leasing vs. Buying a New Car at Newbuyer.com
Posted by NewBuyer on December 26, 2009 | No Comments
An insightful look at how to determine if falling real estate prices make it the time to buy or if you should continue to rent. This article recommends that you start by calculating how much home you can afford to buy.
From the resource: “Home values declined more than 16 percent from 2007 to 2008, according to the S&P Case-Shiller Home Price national index, which compared the third quarter of each year. And while that is upsetting news for homeowners, it could be very welcome news to those who were shut out of the American Dream because prices were too high.”
Source: abc NEWS
Read More About Renting vs. Buying a Home at Newbuyer.com
