Homebuyers face closing costs that add up to thousands of dollars. However, you can ask the seller to cover the closing costs, freeing up your cash and giving you some financial breathing room. Learn how to get a seller to pay closing costs when buying...
The decision to buy a house is one of the most consequential financial decisions you’ll ever make. The high cost of real estate only raises the stakes. It pays to find the best mortgage rates and loan terms and lowest overall monthly payment. Start you...
Virtually every American homeowner pays real estate tax — property tax, in common parlance. Learn how local tax authorities calculate real estate property taxes and how you’re notified about what you owe. The post How to Calculate Real Estate Taxes on ...
Buying a house requires a substantial down payment, but the balance of existing debts also affects your budget and the cost of borrowing. So how do you choose between paying off your debts and savings for a down payment? Consider these factors when dec...
If you see a line for “PMI” on your monthly mortgage statement, you’re paying for private mortgage insurance. But what is it actually for, who has to pay for it, and — most importantly — how can you avoid it? Learn about private mortgage insurance (PMI...
Spring and summer are the peak seasons for home sellers, but a little frost on the windowpanes doesn’t mean you should get discouraged. You can increase your chances of success by adjusting your sales strategy to reflect the time of year. Read on for t...
Buyers can still sometimes score a deal with foreclosures, but foreclosed properties come with their own unique risks and drawbacks as well. Learn about how buying foreclosed homes works, the considerations you should make as a buyer, and the pros and ...
Real estate investors rely on their properties’ ability to generate income. Capitalization rates — cap rates for short — let you compare properties’ income potential and compare different real estate markets. Learn how real estate investors use capital...
Before you purchase a home, it’s important to decide whether you’re at the right point in your life and career to make such a commitment. Otherwise, you risk making a home buying mistake that’s difficult and costly to amend. Here’s what to consider whe...
Stocks and real estate each come with their own strengths and weaknesses. Fortunately, they complement each other perfectly, making a combined portfolio of stocks and real estate both rounded and resilient. Learn the pros and cons of investing in stock...