Mortgage-Relief Scam? – S.S./Foreclosures

“If you’re a struggling homeowner trying to save your house from foreclosure, beware the latest mortgage-relief scam: Dozens of companies have been accused of falsely promising mortgage relief—while collecting millions of dollars in illegal upfront fees, according to a report by the Los Angeles Times. The Consumer Financial Protection Bureau recently filed three lawsuits against eight firms accused of…

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Buying a House Right Now – Buyers

This is the mantra you always need to follow: it’s always time to buy a house. For someone, at least. “Buying a house is a highly individual decision—and a local one—but current trends are creating a favorable situation for many would-be homeowners. Interest rates are low, employment is rising, home prices—in most markets—are still well below…

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Warranties: Worth it? – Inspections

“Extended warranties, or service plans, offer consumers longer terms of coverage on service, repair and replacement for their home’s appliances than the standard out-of-the-box warranty from the manufacturer. These warranties are highly profitable for retailers, as they deliver 50% profit, but they also run up the total cost of your washer, dryer, or or refrigerator…

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Mansions for Under a Million?! – Buyers

“In 19th century New Bedford, the well-to-do lived in comfortable homes uphill from the harbor’s hustle and bustle. This house was built in a well-kept neighborhood of wood frame homes in 1855, when the city was at the height of its whaling industry wealth. The house is all angles and wings with gabled roofs, porches…

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Why Buyers Choose What They Do – Sellers

Buyers don’t just shake hands and sign contracts without considering the outcome of their home purchase. There’s so much more to it than that. When buyers make this gigantic life choice, they focus on three main points: location, condition, price. Confused? Don’t fret. Blanche Evans at RealtyTimes.com has all the newest info on this real…

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Saving Money For Buying a Home – Mortgages

As summer comes to a close, we welcome in a big season for big moves. Whether you’re renting, buying, or even just investing, you really need to plan out your expenses, and put aside a generous sum for the deposits. To do this, you’re in need of some new saving techniques. “Interest rates remain historically low…

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Interest Rates falling on Mortgages – Mortgages

Interest: “The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 3.6% in the group’s seasonally adjusted composite index. That followed a rise of 1.9% for the previous week. The prior week’s report was adjusted to account for the July Fourth holiday. Mortgage loan rates increased on three types of loans…

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Tap into your Equity, right now! – Sellers

“Homeowners are treating their castles like cash registers again. Borrowers took out about 230,200 home-equity lines of credit in the first quarter, up 9% from a year prior, letting them tap up to $23.4 billion, the highest quarterly amount since 2008. The average credit line in March was $100,207, up 4% from a year earlier…

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