This week was another tough one for the economy. Unemployment claims rose while the government shutdown continued. On the other hand, mortgage rates are back down near three-month lows, so it’s still a good time to buy a home.
Topics I covered this week:
Be wary when choosing a real estate agent – like most things they’re not all created equal. Especially this agent, who was giving bad advice on home inspections to prospective homeowners.
If you are in the market for a new home, you can buy a piece of cinematic history with these 8 famous homes for sale.
Decided to buy a foreclosure or short sale instead? Hiring a real estate attorney can be helpful when navigating through the closing process.
What about a condo in the city? Parking can be hard to come by in major cities, so be sure to check if it’s included when you buy a condo.
Lastly, if you’re unemployed and struggling to pay your mortgage, you might want to consider whether it’s worth keeping your home or if it’s time to explore other options.