July 17, 2012 - 10:37 AM
Float a floor
When the tenant of the house we just bought finally moved out, we got a look—for the first time—at the wood floors under the carpet. Hard wood, promised the seller. And I guess they were, at one point...some point long ago in history. Since then, they’ve been tarred, layered over with linoleum, layered over... Read More

Hideous Floor in That New House? No Need to Rip it Out: Float a Better One Right on Top

When the tenant of the house we just bought finally moved out, we got a look—for the first time—at the wood floors under the carpet. Hard wood, promised the seller. And I guess they were, at one point...some point long ago in history. Since then, they’ve been tarred, layered over with linoleum, layered over that with glue, stapled with plywood, and covered in laminate. Over that went the carpet. Getting down to the wood, we nearly broke every tool we have (we’ve since made many runs to Home Depot), including our fingernails.

July 16, 2012 - 10:50 AM
What does PMI add to mortgage?
What is a PMI? If you're trying to get qualified for a loan, you've heard those initials (among other mysterious terms of lending lingo) spoken, and most of the time everyone takes for granted that you understand them. But what do they mean, exactly? Put in the most simple terms, PMI stands for private... Read More

Lessons in Loan Lingo: What's a PMI?

What is a PMI? If you're trying to get qualified for a loan, you've heard those initials (among other mysterious terms of lending lingo) spoken, and most of the time everyone takes for granted that you understand them. But what do they mean, exactly? Put in the most simple terms, PMI stands for private mortgage insurance. From there though, things get more complicated. That insurance doesn’t do much to insure you personally; rather, it ensures that banks will get money back even if you default on your loan. PMIs come into play when the applicant can’t or doesn’t want to pay 20% down.

July 13, 2012 - 1:52 PM
One of my favorite things about the DIY world is watching the awesome and interesting ways that people reuse things they already have. Below are three awesome projects that were popular on our DIYs and How-to’s Pinterest board this week. Wall Art Made from Paint Chips Head over to Two Girls Being Crafty... Read More
July 12, 2012 - 10:31 AM
In keeping with yesterday’s post on buyer’s markets, today we’re going to dive a little deeper into some pockets of the country where a good deal is still possible. Well, a relative good deal. In a recent report, Chicago, Milwaukee, Cleveland, and New York topped the list of national markets that still... Read More
July 11, 2012 - 12:15 PM
Chicago BMR
We’ve seen the hot seller markets, heating up competitive bidding all over the country. We've heard how low inventory is pushing national demand way over national supply. But does that mean the days of the buyer market are over? Hardly.  Even in those exciting metros where below market transactions are... Read More
July 10, 2012 - 10:11 AM
After covering the trend toward hotter markets in the Pacific Northwest and California, we're taking a trip to the desert- and we're taking you with us. Pack your sunscreen! Because the weather isn't the only thing heating up in Nevada and Arizona. Property values too, after a deep thaw, and warming up for a... Read More

The Heat Is on in the Desert: Nevada and Arizona Real Estate Warms Up for a Comeback

After covering the trend toward hotter markets in the Pacific Northwest and California, we're taking a trip to the desert- and we're taking you with us. Pack your sunscreen! Because the weather isn't the only thing heating up in Nevada and Arizona. Property values too, after a deep thaw, and warming up for a turn around. Today we'll study this national trends toward fewer homes sold for less than asking price as it applies to Las Vegas, NV, Phoenix, AZ and Tucson, AZ.

July 9, 2012 - 10:18 AM
LA property values on the rise
The heat wave continues. Last week, using ZipRealty’s data, we looked at major metro areas showing signs of positive growth. In the Northwest, specifically,Portland and Seattle. the number of homes sold for below asking price has dropped dramatically. And it's down all over the country. Today, we look at... Read More
July 5, 2012 - 10:38 AM
On Monday, we read about the housing markets in Portland and Seattle, and how fewer and fewer homes are selling for below their asking price. The same trend is happening with homes for sale in San Francisco, and the change has been dramatic. According to ZipRealty’s data, the rate of home selling below... Read More
July 4, 2012 - 10:55 AM
Fireworks
Wishing you a safe, happy, and spectacular 4th of July!!!!   Read More
July 3, 2012 - 1:21 PM
Since homeownership is an integral part of the country’s economy, the federal government has a stake in the nation’s real estate market. That’s one of the reasons the Federal Housing Administration (FHA) offers special loan programs to make homeownership possible for more Americans. The FHA... Read More

Get to Know the FHA Loan: Is it Right for You?

Since homeownership is an integral part of the country’s economy, the federal government has a stake in the nation’s real estate market. That’s one of the reasons the Federal Housing Administration (FHA) offers special loan programs to make homeownership possible for more Americans. The FHA loan stands as a prime example of such a program, but like all things federal, is a complicated phenomenon. Today we look closer at this loan and its pros and cons.

What is an FHA Loan?

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