Even though interest rates aren’t quite as low as they at other points in the last couple of years, they are still quite attractive. On top of that, home prices are still somewhat low. For these reasons, many think that now is a great time to buy a home. But before you purchase a home, it is a good idea to make sure you are really ready to buy a home:>>> [Read More]
Tag Archive: Real Estate
Is Home Ownership Still Part of the American Dream?
For a long time, we have thought of home ownership as part of the American Dream. You could own your own little patch of ground, and make it your own. However, things may be changing. Home ownership may no longer be considered a huge part of the American Dream. Indeed, some may prefer to rent.>>> [Read More]
Could Foreclosure Be a Smart Financial Move?
Ever since the subprime lending market began its decline about three years ago (there were strident warnings about subprime in 2007, a full year before the global financial crisis) there has been something of a debate surrounding whether or not foreclosure might actually be a smart financial move in some situations. There is even a name for a foreclosure done on purpose: “strategic default.” There are, of course, issues surrounding the idea of strategic default, and anyone deciding that foreclosure is the smart play will have to work through those issues.>>> [Read More]
