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.

What the Mortgage Forgiveness Debt Relief Act Means For You : 5:18 (1324 words)

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.

It’s the Right Time for the First Time : 4:42 (1173 words)

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.

Easy Ways to Mess up Your Credit Rating : 1:55 (478 words)

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.

Throwing A Little Light On Compact Bulbs : 1:48 (449 words)

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’?

Home Owners’ New Year Resolutions : 2:21 (588 words)

Which Mortgage? Part 2

Adjustable Rate Mortgage:

Which Mortgage? Part 2 : 2:08 (535 words)

Which Mortgage? Part 1

There has been a large amount of media coverage relating to mortgages and more specifically the recent increase in interest rates. There are so many different types of mortgages that it could get confusing, but several of the most popular ones can be de-mystified.

Which Mortgage? Part 1 : 2:17 (569 words)

Paying the Penalty

The interest rate has just dropped and you wonder if you should try and get a lower rate on your mortgage, but there are penalties involved in breaking your mortgage agreement. Hmmm…what to do?

Paying the Penalty : 1:56 (483 words)

Spending or Saving Your Home Equity - Part 2

In Part 1 ways to accumulate home equity were discussed, both incidental and deliberate; and in Part 2 how to access it is investigated.

Spending or Saving Your Home Equity - Part 2 : 1:39 (413 words)

Saving or Spending Your Homeowners Equity - Part 1

Need to raise some cash? Whether you have had your home for a long time, or a short time, you may still have usable equity invested in it. One reason is because equity can accrue without any effort on your part. You can also help your equity to accrue, and once you have equity, it can be made to work for you.

Saving or Spending Your Homeowners Equity - Part 1 : 1:41 (419 words)
« go back