How do I pay my first mortgage payment? After closing the sale on buying a home it’s time to start sending payments to your mortgage servicer. Buying a home is the most stressful event of modern life. Now that it’s done, you can breathe a sigh of relief, settle into homeownership and start paying off [...]
Q: We bought our current home six months ago but the pre-sale marketing photos and information are still available on many real estate sites, along with the final sale price. Is there any way to have those photos and information pulled down either by us or by the seller’s real estate agent? What Information About [...]
Is the condo board responsible for enforcing association rules? You’d expect your HOA to maintain the rules, but what happens when they make special arrangements for a new owner? Q: What is the condominium board's responsibility for enforcing our condo homeowner’s association's rules/regulations? For example, our association limits the number of dogs to no more [...]
Are Millennials Buying Homes? Millennials now have the largest share of new mortgages by dollar volume, but most of them have regrets about buying a home. Are Millennials buying homes? It looks like the answer is yes: Millennials are finally becoming homeowners. Millennials now account for the largest share of new mortgages by dollar volume [...]
Are you ever too old to buy your first home? Of course not! Just make sure you understand what’s required of you as a homeowner and a real estate investor before you buy. Q: I am almost 61 years old and single. I moved to Baltimore and would like to buy a small two-flat to [...]
Which states have the highest property taxes? A new analysis ranks states by property tax rates to determine which states have the highest property taxes. Property taxes are a hot button for homeowners. That’s because no matter where you live, discussion around who pays the highest property taxes is bound to come up in conversation. [...]
Who qualifies for subsidized housing? A new study looks at the backgrounds of the 9.4 million people living in HUD federally subsidized housing programs. Ponder this: There are 9.4 million people living in subsidized housing that is funded at least partly by the Department of Housing and Urban Development (HUD). The median household income of [...]
Why is aging in place important? Seniors are staying in their homes longer than prior generations and it's contributing to the national housing shortage. Today’s seniors have better health and higher levels of education than prior generations and that means they’re living longer and working longer. Seniors born after 1931 are staying in their homes [...]
With the surge of residential real estate development in Chicago, is now the perfect time to buy? There are a few things you have to understand about the market before making the decision. Q: With all the residential development going on in Chicago for the near future, and the many high rises downtown going up, [...]
Is tech to blame for the West Coast housing crisis? The cost of living near tech hubs is so high some workers live in a Winnebago right on the company lot. What happens when people can’t afford to live near where they work? Americans in 19 out of 20 cities consider their cost of living [...]
