When you purchase an automobile, what’s the first thing you take care of before driving around town? You’ve got to get insurance, of course. It’s no different when you’re ready to buy a home, but you have some more options.

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Subprime Mortgage Loans – A Borrower’s Guide to Subprime Lending
By Brandon Cornett

Subprime mortgage lending is a relatively new but fast-growing component of the mortgage industry. Lately, however, subprime lenders have come under fire for their tactics — specifically, for how their tactics relate to the increasing number of home foreclosures in the United States.

But what exactly is a subprime mortgage loan? How are they related to the current rise in foreclosures? And how can you protect yourself if you find yourself in need of a subprime mortgage loan?

These are some of the questions we will answer in this article, a guide to subprime lending and loans.

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As you prepare to sell your home, you must begin by making a choice: to seek the services of a professional or to proceed without representation. You realize that your home is probably your biggest financial investment, with a value that could be hundreds of thousands of dollars.

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You know that real estate agents help you to move. Did you know that agents can also help you stay where you are? This has become quite an issue in light of the recent rise in loan defaults. Real estate agents provide critical information and a link between lenders and buyers. (more…)

Now is a great time to buy a home, say the financial gurus at the Wall Street Journal.

The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it’s not revolutionary, but some potential customers might find it reassuring.

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Some financial experts have labeled 2007’s market as the “roulette economy.”  As we all know, whatever goes up must come down, but the nice thing about real estate is that whatever goes down always comes back upward again (much like stocks work).

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RE/MAX Maple Leaf Realty has joined The Institute of Real Estate Management (IREM).

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When does buying a house and tearing it down make economic sense?

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There are three little words that can make buyers very anxious: Offer To Purchase.  However, there need not be any mystery or fear attached to that phrase.  With an experienced professional guiding the process, feelings of trepidation can quickly turn to excitement and enthusiasm.

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