U.S. News and World Report has an article about how real estate can diversify your investments, and generate more money during retirement. Of course, the rental income needs to cover the mortgage, insurance, taxes, upgrades, maintenance and repairs. The IRS Income Tax Schedule E, can help assess the profitability for an individual property. The article…

The number of Americans that plan to buy a home in the next six months is at historic levels. Job creation, and low interest rates have a rash of buyers looking for suitable homes to inhabit. Business Insider has a current piece on what’s happening and why here.  

The Washington Post, responding to a reader’s question, has some advice for what to do when your mortgage has been paid off. Apart from paying your property taxes, and making sure the lien the lender placed on your home when you bought it is removed, there’s not much of note to consider or plan for.…

The New York Times has an op/ed exploring the racist roots of contracts for deed, which are making a comeback. Contracts for deed make price inflation possible, and appear to be quite prevalent in Alabama, Georgia, Michigan, Missouri and Ohio. The transactions don’t require an appraisal or inspection to justify the loan amount. The article…

While generally everyone agrees that we, as a country, have fully recovered from the recession, pockets of the U.S. still have a long way to go. The Washington post has a comprehensive article about how certain pockets of the country are faring.  

I imagine you weren’t sure you were either. However, banks have you pegged as one or the other, and it contributes significantly to your ability to secure a mortgage. A transactor pays off credit card bills each month, or makes more than the minimum payment. A revolver—the less desirable of the two monikers—generally rolls balances…

I imagine you weren’t sure you were either. However, banks have you pegged as one or the other, and it contributes significantly to your ability to secure a mortgage. A transactor pays off credit card bills each month, or makes more than the minimum payment. A revolver—the less desirable of the two monikers—generally rolls balances…

Edward Pinto, codirector of the Internal Center on Housing Risk at the American Enterprise Institute, has a piece in Forbes admonishing that the 30-year mortgage should disappear. His primary reasons are that it fails to accrue wealth for most disadvantaged Americans. And, that it creates burdensome debt for older homeowners. You can read the article…

As the weather warms each year, historically, the real estate market experiences a surge. Forbes has some thoughts on the advantages and disadvantages of buying or selling in the Spring. The article explores how the increase in inventory is countered by an increase in competition, and much more. If you’re considering a transaction, you can…

MarketWatch reports that 30-day delinquencies reached a 16-year low in March. Overall delinquencies in March were at their lowest since 2007. And, the number of homes in foreclosure was at its lowest since October 2007. Data provider Black Knight provided the numbers, and the article can be found here.