Today’s veterans have President Roosevelt to thank for their housing benefits. Signing the GI Bill of Rights into law provided our service members – who fight so hard to maintain the American dream – the chance to actually achieve it themselves: a federally guaranteed home loan with no down payment.
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Successful flipping isn’t just a matter of finding a house and fixing stuff that’s wrong with it. Successful flipping means finding a house with the right stuff wrong with it! One of the problems with the flipping approach to properties is that the repairs and upgrades that tend to add the most value are typically the ones that are most cosmetic. Many flippers have had great success buying
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Is this really the ultra-savvy financial move it is made out to be, or are real estate agents and foreclosure rescue firms glossing over the ugly tax and credit implications of a short sale? If you have already taken some hits to your credit score from late mortgage or credit card payments in the last couple of years, all is not lost. It is still wise to do everything in your power to minimize
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If you have an FHA-backed loan, you’ll be happy to learn that the United States Department of Housing and Urban Development (HUD) offers a program, known as the Pre-Foreclosure Sales Program, which allows the seller in default to satisfy his or her mortgage debt despite the fact that the home is worth less than what is owed.
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You will be corrected if you mispronounce Monroe, birthplace of Robert Russell, this week’s Real Estate Pro of the Week. This genial Louisiana native and Texas transplant will give you plenty of opportunities to get it right though. Robert came to the world of real estate after a successful stint in the insurance business. “I owned an insurance agency and I was in the top 1 percent of
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Here at RealEstate.com we’re proud to have a wide collection of beautiful photos on our home page. But it isn’t all about us, so we wanted to get everyone involved in the process of deciding which photos make up our lovely assortment. We ran a Photo Challenge contest where we encouraged you to submit a photo that had what it takes to be shown
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Although its nickname begs to differ, the federal government’s Home Foreclosure Affordable Alternatives (HAFA) program is actually a full short sale, one of the latest additions to what’s becoming quite a menu of short sales. The flavor du jour, HAFA was created to streamline the approval process and help the homeowner move on in life by
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