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Real Estate

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Forming LLC For Investment Properties

By | October 17th, 2003|

Using a limited liability corporation for your real estate investments has both advantages and disadvantages. Forming a limited liability corporation for your investment properties can protect you from personal liability.

Canceling PMI On Fannie Freddie Mortgage Based On Appreciation

By | October 17th, 2003|

Usually, after you have enough equity in your home, you can cancel private mortgage insurance (PMI). But if you have a mortgage from Fannie Mae or Freddie Mac you may have to follow different rules. Find out some of the rules concerning canceling PMI for mortgages from Fannie Mae and Freddie Mac.

Prepayment Penalty And Mortgage Loans

By | October 17th, 2003|

When you take out a mortgage you may be planning to make extra mortgage payments so you can prepay or pay off the mortgage early. How do prepayments work and do you risk paying prepayment penalties? What issues should you bear in mind when you're prepaying your mortgage loan?

Links To Homeowner Association Web Sites

By | October 17th, 2003|

Links to Homeowner Association Web Sites

Commercial Real Estate And Mortgage Websites

By | October 17th, 2003|

Ilyce has several favorite websites for financial advice on real estate and mortgages. Those websites include the consumer website for the National Association of Realtors and the Wall Street Journal's real estate website. Ilyce also has several other favorite websites for personal finance and real estate advice.

Down Payment And Mortgage Assistance For First Time Home Buyers

By | October 17th, 2003|

A listing of first-time home buyer programs around the country that offer low-cost mortgages and down payment matching funds. You can call these phone numbers or check out these websites to find out what these cities offer as low cost mortgages or down payment help to first-time home buyers.

Real Estate Resources and First Time Home Buyer Deals

By | October 17th, 2003|

This article details several Chicago-land real estate resources and deals for first-time home buyers. These real estate resources can especially help first time home buyers secure deals for purchasing their homes.

Recall after Closing

By | October 16th, 2003|

Summary: A furnace is recalled after closing. Ilyce reassures that the sellers have no responsibility. Q: We sold our townhouse in ear...

Using Real Estate Agent In Family

By | October 14th, 2003|

If you have a real estate agent in your family, should you use them when buying or selling a home? Not having the right agent can hurt you financially, so it's important to think about what you need and want from an agent before recruiting a family member as a real estate agent.

Non-Stop Housing Market

By | October 10th, 2003|

In the midst of a weak, jobless, economic recovery, interest in homeownership hasn't waned one little bit. In fact, the housing market has grown. The housing market continues to prop up the economy. Still, nothing lasts forever, not even the best housing market in history. While no one is saying the housing market is a bubble that is going to pop, at some point, sales will have to slow down.

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