Thursday, July 02, 2009
With the ongoing recession, many consumers are looking to take advantage of lower home prices and interest rates. A recent study shows one in every 3 houses diagonally the countries are either foreclosure or bank-owned property. We want home buyers to make wise decisions and prevent the option of their own housing crisis So before making such a big purchase, here are several good tips.
But that doesn't mean it's the right time for you. First make sure you can afford to buy a home. "Make sure that you don't have credit problems because credit scores now have become more important all of the lenders say now that everything revolves around credit scores.
Then choose what type of home you want. Whether it be a pool or three bathrooms, a organized home buyer will have sorted out the must haves from would likes. And decided the area they'd like to move to.
Locations you can change a lot of things about a home. But you can't change your location.
But be realistic about maintenance and home owner's organization costs. Some can cost anywhere from a pair hundred to a thousand dollars each year.
Once you've done all the research, you'll save time by congregation bank information, income statements for the past two years and any information about debts.
With the number of local foreclosures on the rise, it may seem like a steal. But sometimes foreclosures can be great deals; they are often misconceptions to buyers.
But that doesn't mean it's the right time for you. First make sure you can afford to buy a home. "Make sure that you don't have credit problems because credit scores now have become more important all of the lenders say now that everything revolves around credit scores.
Then choose what type of home you want. Whether it be a pool or three bathrooms, a organized home buyer will have sorted out the must haves from would likes. And decided the area they'd like to move to.
Locations you can change a lot of things about a home. But you can't change your location.
But be realistic about maintenance and home owner's organization costs. Some can cost anywhere from a pair hundred to a thousand dollars each year.
Once you've done all the research, you'll save time by congregation bank information, income statements for the past two years and any information about debts.
With the number of local foreclosures on the rise, it may seem like a steal. But sometimes foreclosures can be great deals; they are often misconceptions to buyers.
posted by nisha
@ 3:56 AM
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Tuesday, June 30, 2009
Like most things in Virginia City Jim Garner and his home have little stories to tell.
Like the couple who lived there for years, "You continually heard them yelling and hollering at one another."
"There was a man by the name of Varga," the fellow citizen who brought dynamite home. "The dynamite happening sweating and it blew up."
In the 30 years he's owned it, Jim Garner's done his finest to learn this house's story, protect it and add to it. He's regarding to add on to its story in a big way.
Jim wants back surgery. Because it's a rental property he determined to let the 900 square foot home go. But instead of selling it to the maximum bidder Jim's going to raffle it off for $25 per ticket.
"If you're able to buy now one ticket, now you have a chance. And it's not 1-million to one," because Jim adds, he's only selling 17,000 tickets.
He says that will make be sufficient to pay for his surgery. But not so many that people don't have a polite shot.
Because that's what it's concerning - Jim giving a home to someone who can't afford paying much more than $25. "It's like you've made a distinction while you've been here, that's what I'm doing."
The raffle will be held September 5th. For more information call 775-846-5619.
Like the couple who lived there for years, "You continually heard them yelling and hollering at one another."
"There was a man by the name of Varga," the fellow citizen who brought dynamite home. "The dynamite happening sweating and it blew up."
In the 30 years he's owned it, Jim Garner's done his finest to learn this house's story, protect it and add to it. He's regarding to add on to its story in a big way.
Jim wants back surgery. Because it's a rental property he determined to let the 900 square foot home go. But instead of selling it to the maximum bidder Jim's going to raffle it off for $25 per ticket.
"If you're able to buy now one ticket, now you have a chance. And it's not 1-million to one," because Jim adds, he's only selling 17,000 tickets.
He says that will make be sufficient to pay for his surgery. But not so many that people don't have a polite shot.
Because that's what it's concerning - Jim giving a home to someone who can't afford paying much more than $25. "It's like you've made a distinction while you've been here, that's what I'm doing."
The raffle will be held September 5th. For more information call 775-846-5619.
posted by nisha
@ 1:52 AM
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