Buying a Home After Bankruptcy

Types of Bankruptcy Americans can undergo several types of bankruptcy proceedings, but the two most common are known as Chapter 7 and Chapter 13. A Chapter 7 bankruptcy wipes out all of your debt (with a few exceptions) while filing a Chapter 13 obligates you to pay back your debts over a period of three…

3 Cities Where New Home Construction is Booming

Toward the end of each month, the U.S. Census Bureau and the Department of Housing and Urban Development release residential construction activity statistics for the previous month. The statistics are broken down into several categories; the most heavily anticipated being the number of groundbreakings – which they refer to as “housing starts” – and the…

3 Reasons NOT to Buy That House

Falling in love with a house is a lot like falling in love with a person. It’s almost impossible to see any flaws. When so many other aspects seem perfect, it’s easy to fall into denial about the possibility that there may be problems. Down the road, when the initial blush wears off, the negative…

3 Ways to Avoid Overpaying for a Mortgage

The process of buying a home for the first time brings with it a lot of confusion. From how to finance the purchase to what happens at closing, it’s not something most of us do very often. One of the most important steps in the process, if you won’t be paying cash for the home,…

Why You Need a Real Estate Agent

It is now common knowledge that the U.S. housing market has recovered from the crash of the mid-2000s. Home prices jumped a whopping 11.3 percent in 2013, increasing in 83 out of the 100 largest U.S. metros. Despite low inventories, home sales have improved greatly from their post-crash levels, thanks in part to comparatively low…

Should You Use the Seller’s Agent?

Just as you wouldn’t dream of using your spouse’s attorney in your divorce proceedings, you should not use the seller’s real estate agent when you purchase a home. Sure, buying a home isn’t quite the adversarial process that a divorce is, but real estate agents, like divorce lawyers, are trained to be committed to the…

The Pros and Cons of Modular Homes

Most people don’t initially turn to real estate agents for modular homes, but some of my clients have found a great new home with a prefab model. Modular homes have their pros and cons, but they’re a smart choice for any homebuyer to consider. Before we dive into the comparison, you should know that banks…

Should You Buy a Vacation Home?

Whether you love tropical beachcombing or hitting the powder on a ski slope, if you find yourself vacationing in the same locale year after year, you may have considered purchasing a vacation home there. If not, perhaps you should. Like many things in life, there are advantages and disadvantages to owning a second home, and…

3 Common Disputes With Moving Companies

May, June and July are the months most people move, according to KVUE TV in Austin, Texas. Since that time period is rapidly approaching, we think it’s time to take a look at some of the biggest problems people encounter with movers and give you some tips on how to avoid or deal with them….

Best Small Cities to Raise a Family

Life changes when singles become couples, and it changes dramatically when the couple evolves into a family. Priorities change, habits adjust and, most of all, lifestyles morph. One of the biggest changes is location – where does a family live, when schools are a priority but convenience to work is still important? Crime rates become…