David Myers
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Take steps to prevent a low-value appraisalAug 13, 2009 11:00 pm - Several home sales and refinancing deals are being scuttled by banks because appraisers have become more conservative in estimating values. Savvy borrowers can take seve...
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New federal rules cut upfront costs for buyers, home refinancersAug 06, 2009 11:00 pm - A nationwide law that took effect July 30 prohibits lenders from charging huge upfront fees to applicants who are seeking to purchase a house or to refinance an existing...
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A simple guide to the $8,000 tax credit for first-time homebuyersJul 30, 2009 11:00 pm - The government's new tax-credit program for first-time buyers is helping to spark home sales and boost values, but many Americans aren't using the plan because they don'...
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Bankruptcy filing can rob ability to get homeowners insuranceJul 23, 2009 11:00 pm - Many insurers will no longer renew a homeowners policy or issue a new one if the customer has recently filed for bankruptcy. Q. We have had the same company provide our ...
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Buyers, sellers don't always have to provide reason for canceling a dealJul 16, 2009 11:00 pm - A key court ruling in New York may allow buyers and sellers nationwide who have an attorney-review provision in their sales contract to nix an agreed-upon sale for any r...
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How to painlessly prepay a mortgage and save thousandsJul 02, 2009 11:00 pm - There are several ways for borrowers to pay their loan off ahead of schedule and save tens of thousands in finance charges in the process. Q. I have 21 years left to go ...
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Bounced checks shouldn't scuttle homeowner's refinancing plansJun 25, 2009 11:00 pm - Just about everyone has accidentally written a bad check over the years. Doing so won't hurt your credit score, provided that the old check is replaced by a new one imme...
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A homeowner should keep insurer informed of remodeling workJun 18, 2009 11:00 pm - Owners who don't make their insurance company aware of past or planned remodeling jobs may find themselves without proper coverage if a claim must be filed later. Q. We ...
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Delinquent property-tax bill could trigger foreclosureJun 04, 2009 11:00 pm - Few borrowers know it, but most lenders have the right to foreclose if the property-tax bill goes unpaid. Q. You recently answered a question from a reader who said he ...
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Report says suburbanites should pay higher taxes than city dwellersMay 21, 2009 11:00 pm - A plan that would require people who live in the suburbs to pay a larger share of the cost of fixing our nation's crumbling infrastructure is gathering support in some r...