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What is a Purchase Contract (in Real Estate)?

Before you get to the purchase contract, you have to make an offer, which is the exciting part! You’re actually making an offer on the home that you want. Will the buyer accept it? Will he counter?...

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How to Buy Real Estate with No Down Payment, No Mortgage and No Land...

I know what you are thinking—just another misleading headline to attract attention. Nope! The Real Estate Investment Trust (REIT) really does allow you to invest in real estate with none of the...

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What is a Home Inspection?

Once you have made a purchase contract with the seller, your job isn’t done. You cannot sit back and relax until closing because you have several things that you need to accomplish in the meantime. For...

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What is an Appraisal?

When it comes to buying a house, there is so much to do even after you’ve made an agreement and created a purchase contract with the seller. One of the things you may have to do includes having the...

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7 Things Every Renter Should Know that Your Landlord Won’t Tell You

The debate surrounding the relative merits of owning versus renting one’s home will continue ad nauseam. I have a foot firmly planted in each camp. However, for many, renting is not just a personal...

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American Dream or American Nightmare?

Does owning your own home or better yet, working and slaving away to even qualify to own your own home even makes sense anymore? Is it about time to reexamine the tired old advice from Grandpa about...

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Square Peg In Round Hole Mortgages?

Most likely you have noticed that the credit market, especially for residential mortgages, just ain’t what it used to be. Instead of offering mortgages to anyone and anybody as long as they had a...

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What Mom Never Told You About Private Mortgages

Of course you are most likely well versed in all of the hoopla you see in the media about mortgages and mortgage lending as well as the supposed recovery of the real estate market in many areas of the...

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When You Should Opt for a Short Sale versus Foreclosure

Although the 2008 financial crisis is an event that has largely faded from the consciousness of many Americans, its aftermath is very real to a large swath of homeowners, whose struggle with monthly...

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Hacking The Down Payment For Your Home Purchase

Certainly you must have heard something in the news or even around the water cooler at work about Real Estate. It’s back, goes the chatter. Case-Shiller just said home prices are rising again. As a...

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