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Recognizing Flawed Foundations

One of the biggest challenges that first-time homebuyers have is that they have no way to assess a home's condition. Of course everyone can tell great condition and lousy condition, but first-timers above all go through properties with very little ability...

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5 Things to look for when buying a home

With the extension of the first-time home buyer tax credit, many homebuyers are back in the market. The low interest rates, tax credit, and low property values make this the ideal time to buy a home. But with the added number of foreclosures, the homes currently...

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What are short sales and how do they work?

With property values dropping in many places, short sale has now become a common term in the mortgage business. The most intuitive way to remember what a short sale is — is by thinking that it is the sale of a house that is short on money owed on home...

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10 Tips to find the perfect home

Now that you're ready to purchase a place, you want to make sure it's the right one for you. Follow these tips to find a home that's a perfect fit for you: Go for the long haul When looking for a home, search for one that you could see yourself living in...

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Should you buy or rent a home?

Deciding whether it's best to buy or rent a home isn't an easy decision. There are financial pros and cons to each. Plus, whether or not you want to become a homeowner may depend on your lifestyle, so it's very much a personal choice. Take a close look below...

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Why you should, or shouldn't, buy a foreclosure

Home buyers may be able to get deals on foreclosures, which are often discounted in price, but buying foreclosures can be risky. It's essential to understand the pros and cons of buying a foreclosure before making a purchase. First of all, there are several...

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Find a home with your partner

When I was single, I bought my first apartment. It wasn't so unusual: About 20% of homebuyers are single women. Prices were cheap at that time, and my best friend — something of a financial whiz — urged me to do it. I found an agent I could trust,...

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