Had a Bankruptcy? Yes, You Can Still Own a Home
Dreaming of home ownership but afraid the reality of your credit history stands in your way? Take heart: Filing a bankruptcy does not mean your dream of owning a home is dead.
Dreaming of home ownership but afraid the reality of your credit history stands in your way? Take heart: Filing a bankruptcy does not mean your dream of owning a home is dead.
Fall is coming. Already the days are shorter, the air cooler, the sunlight diffused with yellowy gold. Fall is a time of pumpkins and apples, warm cider, days spent jumping in piles of multi-colored leaves. It’s also a time for homeowners to get some important stuff done—before the weather turns inclement. If you’re a new homeowner like me, this could be your first fall ever being officially responsible for your home.
"Pre-fab": Though this term sounds modern, it’s actually a very old practice in the building of homes. And these days, it can be quite gorgeous. Today we bring you the second installment in our series on types of homes a new buyer has to choose from. Part 1 was on condos. Part 2, as you may have guessed, is prefab.
Defining "Prefab"
We’re continuing our fall predictions today, moving to the West Coast to look at how many pending transactions on homes for sale there were in August 2012 compared to the year before. Today’s post comes on the heels of some great news for the housing market: July home prices posted the highest gains since 2005 according to the Case-Shiller index!
As a very recent, very first-time buyer, I know the lure of condos. They’re just less intimidating than single-family homes. With a condo, the property is shared. The Home Owners Association (better known as HOA), which we will become a part of once we own said condo, becomes like a protective family.
In this fall outlook series, we’re drawing predictions for the coming season, traditionally a slower one than summer, from pending sales. These are transactions which haven’t closed yet, but for which an offer has been accepted and transfer of title is in progress. Pending sales aren’t guaranteed sales—anything can go wrong with the escrow process. However, they, along with home prices and days on the market data, offer important information for predicting the future performance of any localized real estate market.
It’s not even Halloween yet, but if you’re thinking of buying a home in 2013, you should be preparing now. One major hurdle for many Americans is credit clean-up. Most traditional loans and lenders want good credit before they’ll loan money for a mortgage; so, today we discuss ways you can get your credit back on track.
Can you believe it's the last day of summer? In honor of autumn, we've been pinning brown home interiors this week! Make yourself some tea, get cozy, and enjoy!




The inventory shortage is nothing new. We’ve written a few times about how fewer homes for sale means more competition, bidding wars, and a lot of disappointed buyers. The upside of the limited supply is that it should push prices up, and though it would mean less chance of getting a “steal”, that’s better for the market and buyers’ investments on the whole.
Curious about a different city? Maybe even a different state? Moving out of your immediate comfort zone is both exhilarating and terrifying, and the only way to make it more the former and less the latter is to arm yourself well with knowledge. And ZipRealty puts all of that knowledge at your fingertips.