Real Estate
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FHA mortgage changes could benefit borrowersFeb 14, 2015 12:01 am - FHA financing of home purchases has provided the key to homeownership for many consumers over the years, particularly for first-time buyers - that is, until FHA started ...
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Why do some borrowers pay higher mortgage rate than others?Feb 14, 2015 12:00 am - The Consumer Financial Protection Bureau recently unveiled an Internet-based tool designed to help people shop effectively for the lowest possible mortgage interest rate...
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No-cost mortgage ads can be misleadingFeb 14, 2015 12:00 am - Q. When I see ads for mortgages that say there are no upfront costs, I wonder if that means there are other costs involved somehow. Do you have any information on this? ...
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Realtors now rely on social mediaFeb 14, 2015 12:00 am - While homebuyers and sellers alike will tell you they want a caring Realtor, it is more important to all that they have a competent Realtor who is up to date on modern m...
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Older suburban homes appeal to baby boomers who downsizeFeb 13, 2015 11:00 pm - Baby boomer empty nesters are bringing new life to 1950s and 1960s ranch homes in established communities. “Over the last two years, in particular, we are seeing empty n...
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Board can be asked to cast proxy voteFeb 13, 2015 11:00 pm - Q. We have our election of board members coming up in March. Many owners submit proxies naming "the board" as the proxy holder. These proxies frequently don't instruct t...
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Top 10 tips for organizing your homeFeb 12, 2015 11:01 pm - I can't tell you how many emails I receive about organizing. Everyone resolved to be better organized this year and is coming up with some pretty great ideas, so I took ...
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Realtors see 2014 as a stabilizing yearFeb 12, 2015 11:00 pm - Illinois home prices continued to recover with median prices showing year-over-year gains every month in 2014. Home sales, while modestly lower than 2013, pointed toward...
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FHA inspections vs. home inspectionsFeb 12, 2015 11:00 pm - Q. The home I'm buying just had an FHA inspection and the inspector said that everything is OK. This concerns me because I've noticed little cracks in the walls at the w...
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New high-tech tools keep track of older parents and young kidsFeb 12, 2015 11:00 pm - A growing number of homeowners want to see what their family members are doing. Q. My father is 87 and lives with us because he has Alzheimer's disease and cannot take c...