Real Estate Headlines for Monday, March 30, 2015
Q: Where Can You Find Fixer-Uppers?

A: They are literally everywhere, even in wealthy enclaves. What sets them apart is price.  They have lower market value than other houses in the immediate area because they have either been poorly maintained or abandoned.

To determine i...

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5 Delicious Ways to Save on Food

In these days of rising prices, feeding a family is costly even if you prepare most meals at home. Savvy Moms know enough to leave the kids at home when grocery shopping, and they try to avoid temptation themselves by shopping only on a full stomach. Story

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Word of the Day

Origination fee.  A charge by the lender for granting and processing a new mortgage loan.

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Q: What Causes a Foreclosure?

A: A lender decides to foreclosure, or repossess, a property when the owner fails to pay the mortgage. Unfortunately, thousands of homes end up in foreclosure every year.  

Many people lose their homes due to job loss, credit problems, d...

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Maximizing Your Storage Space

(Family Features)—A recent study found that 50 percent of homeowners claim their garage is the most disorganized place in the home. In addition, The Department of Energy cites 25 percent of people with two-car garages have too much clutter to lea...

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Word of the Day

Multiple listing.  Agreement that allows real estate brokers to distribute information on the properties they have listed for sale to other members of a local real estate organization.  Allows the widest possible marketing of...

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Q: Why Do Homeowners Have to Pay Property Taxes?

A: Property taxes are assessed by city and county governments to generate the bulk of their operating revenues. The taxes help pay for such public services as schools, libraries, roads, and police protection.

Re-valuations of the tax are ofte...

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Easy Ways to Enhance Outdoor Spaces

(Family Features)—The arrival of sun and climbing temperatures mark the end of months in hibernation and the ideal time to refresh your outdoor living space. While constructing a new deck can be a major undertaking, the planning process doesn'...

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Q: What Are the Benefits of Having a Co-Op?

A: In addition to being able to take advantage of tax deductions, the National Association of Housing Cooperatives (NAHC) says shareholders will find that co-ops have low turnover rates, lower real estate tax assessments, reduced maintenance costs, res...

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Word of the Day

Agent. Person authorized to act by and on behalf of another.

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