How to Improve Your Financial Situation

We all have big financial decisions to make during our lives. Buying a house, making pension plans and looking after our families all require a more in-depth knowledge of our financial situation than everyday living tends to provide.

How to Improve Your Financial Situation

We all have big financial decisions to make during our lives. Buying a house, making pension plans and looking after our families all require a more in-depth knowledge of our financial situation than everyday living tends to provide.

Getting Credit

Every successful homeowner had to put some effort into getting and maintaining good credit before they were eligible for a mortgage. If you’re having trouble getting qualified, here are some tips for successfully acquiring good credit.

Homes: A Tax Shelter You Can Live In

Tax and legal benefits may not be the first things on the minds of home buyers, but they provide some of the best reasons for owning a home. Well-informed buyers know that homes double as great tax shelters, allowing owners to deduct tens of thousands every year for a wide variety of income tax categories. The best part is that they provide a tax shelter you can actually live in.

What the Mortgage Forgiveness Debt Relief Act Means For You

On December 20, President Bush signed a law that is meant to help homeowners who are facing foreclosure or who sell their homes in a short sale. Before this law, the Mortgage Forgiveness Debt Relief Act of 2007, if your bank or lender forgave a portion of your mortgage debt because the value of your home had decreased, the IRS treated the forgiveness as taxable income.

It’s the Right Time for the First Time

It might be the single most common question a realtor hears - is this a good time to buy a house? While the answer depends on your personal circumstances, there are certainly times and circumstances that make “yes!” the right answer for most people. If you’re a first time home buyer, this is one of those times. What’s bad news for home sellers has created an excellent market for anyone who is in the market for a home.

Easy Ways to Mess up Your Credit Rating

While it isn’t hard to acquire and maintain good credit, it can also be easy to lose it. And given that a good credit rating is of ultimate importance in buying real estate, it’s important to keep yourself in good standing.

Throwing A Little Light On Compact Bulbs

Good for the Maryland Public Service Commission for giving 250,000 Maryland residents two free CFLs each to test out this new bulb. Not all compact light bulbs are equal, and most of us know nothing about them - so here’s a little information to help when choosing CFLs.

Home Owners’ New Year Resolutions

Made any New Year resolutions? How about making some for your home? What of: ‘I will boost my savings’? How about: ‘I will look for economical ways to increase the value and livability of my home?’ and the big one: ‘I will get my home finances in order’?

Which Mortgage? Part 2

Adjustable Rate Mortgage:

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