Another exceptional home listing by the Cockrill, Rosko-Thomas Group listed by Charles Cockrill, Coldwell Banker Residential Brokerage.
The 3.5% down payment on FHA loans could be more expensive for buyers than expected. Beginning April 1, 2013, the mortgage insurance premium will go up by .1% to 1.35% which may not even be noticeable to most would-be homeowners. The staggering increase will occur on 6/3/2013 when FHA’s policy on the duration of the […]
How much evidence is needed to make a decision to get out of the rent race and become a homeowner? Compare your rent with a mortgage payment on a similar size property. If you want a larger home than your current one, use the rent that property would require instead of what you’re currently paying. […]
Single-family homes used for rental property have distinct advantages over other types of investments. An investor can borrow 75-80% at fixed interest rates on appreciating assets with definite tax advantages and reasonable control. The financing alone is attractive compared to some investments that require 50% cash and have floating rates at prime plus for one […]
Here is an interesting look at the homes available for sale in Anne Arundel County shown in table format displaying the number of homes for sale by price range. These numbers were accumulated just before the 4th of July 2011 Holiday. Price Range Number of Homes For Sale Price Range Number of Homes for Sale […]
To prepare for a home inspection, it is always advisable for the seller to provide clear access to all of the following: Attic(s) Crawlspaces Heat Systems Garage Walls Furnace Electrical Panel and all other areas that will need to be inspected. If the house is vacant be sure all utilities are turned on such as: […]