People are losing their homes to foreclosure at an alarming rate. Now they are lashing out — destroying those homes before the bank takes over. But as this report concludes, don’t think you can get away with vandalising a home just because you own it before the bank forecloses on it… Do you know of […]
Sidelined Homebuyers Preparing to Enter the Market
Sidelined Homebuyers Preparing to Enter the Market According to a new survey by Relocation.com, more Americans are positioning themselves to purchase a home in the near future. The survey found that some families are opting to rent while they research for deals to purchase a more desirable home in their area. There’s no surefire way […]
Owning a Home and Renting: Cost Spread is Narrowing
Owning a Home and Renting: Cost Spread is Narrowing With mortgage rates at record lows and housing markets stuffed to the gills with cheap distressed properties that’s led to declining home prices, the cost to own a home is sometimes cheaper than renting an apartment in many markets, according to analysts at Credit Suisse. While […]
Making Sacrifices in a Tough Economy
Making Sacrifices in a Tough Economy More than two thirds of Americans who’ve been unable to sell their home and buy one better fitting their needs have cut back on household expenses such as food, entertainment and clothing in order to pay their mortgage. Homeowners who have fallen on financial hard times have made other […]