Real Estate Headlines for Friday, October 31, 2014
Q: Will I Be Able to Buy again after Losing a Home to Foreclosure?

A: It can happen.  But a lot will depend on your circumstances and the mortgage interest rate you are willing to pay.  Generally, most lenders will consider your request for a home loan two to four years afte...

Story
Word of the Day

Replacement cost.  The cost at today’s prices and using today’s construction methods, of building an improvement having the same usefulness as the one being appraised.

...

Story
What's Under There? The Pros and Cons of Crawlspaces

In our last report, I got the down-low on the pros and cons of building on, or purchasing a home constructed on a concrete slab. So in this segment, we'll go back to Andrew M. Dennis at Donan Solutions, a third-generation engineering firm that bega...

Story
Other Recent Real Estate Headlines
Q: What Is a Wraparound Loan?

A: Also called an all-inclusive mortgage, it is where a new home loan is placed in a subordinate or secondary position to the original mortgage and the new loan includes the unpaid balance of the first.

<...

Story
Word of the Day

Gentrification. Process whereby private or government-sponsored development of certain aging neighborhoods results in the displacement of low- or moderate-income families by the more affluent and leads to an increase in property values...

Story
Keeping Your Kids Safe this Halloween

Dark streets and kids hyped up on sugar and excitement can be a recipe for danger. But if a trip to the mall seems less enticing than a traditional trick-or-treat evening, parents can do a lot to ensure their kids’ safety without putting a damper...

Story
4 Tips for Creating Your Financial Legacy Now

Half of all Americans with children do not have a legal will, according to a survey done by the legal service RocketLawyer.

“While the survey was conducted in 2012, the attitudes Americans have on inheritance and legacy matters seems to...

Story
Q: Is It Possible to Get a No-Down Payment Loan?

A: Builders will typically offer no-down-payment loans to sell properties in a slow-moving development or a depressed market. Desperate sellers also may commit to finance the down payment for the buyer to move a hard-to-sell home or to make a quick sal...

Story
Word of the Day

Promissory note. A written promise to repay a debt on demand or at a stated time in the future.  

...

Story
What's Under There? The Pros and Cons of Building on a Slab

In a recent report, we met Louisville area REALTOR® Samantha George, and dug into her practical list of things potential buyers should take into consideration when house hunting. George says being proactive now can help save you lots of time and mo...

Story