Posted by NewBuyer on December 28, 2009 | No Comments
A concise list of ten mistakes home buyers often make, including: misinterpreting the real estate agents’ actions as representing the buyer alone and disclosing too much information to the sellers and their agents. Learn that mortgage companies and appraisers do not protect or promote the interests of the buyer, and do not minimize the effect of competing buyers.
An example from the resource: “Buyers are usually unaware of the importance of personally attending and conducting thorough and independent physical property inspections, environmental audits and separate property appraisals as a condition of the home purchase.”
Source: ired.com
Read More About Home Buying at Newbuyer.com
Posted by NewBuyer on December 28, 2009 | No Comments
A current, solid look at private mortgage insurance and the new law affecting it (and you). Topics include the benefits of PMI, new PMI requirements, The Homeowner’s Protection Act (HPA) of 1998, how to cancel or terminate PMI, what disclosures does the HPA require and what to do if your home value has increased?
A definition of PMI from the resource: “PMI is extra insurance that lenders require from most homebuyers who obtain loans that are more than 80 percent of their new home’s value. In other words, buyers with less than a 20 percent down payment are normally required to pay PMI.”
Source: Federal Reserve Bank of San Francisco
Read More About Private Mortgage Insurance at Newbuyer.com
Posted by NewBuyer on December 28, 2009 | No Comments
A complilation of the best auto lease deals at the moment. A listing in chart form is available in addition to a few words about the better promotions as well as explanations as to why some manufacturers may not be offering current lease promotions right now.
From the resource: “Of course, getting a great deal on a new car lease helps make the process even more fun. We’ve compiled some of the best lease deals that automakers have this month. If you don’t see one that works for you, contact a dealer to see what kind of new car lease they can offer you.”
Source: US News Ranking and Reviews
Read More About Current Auto Lease Promotions at Newbuyer.com
Older Entries
