You may remember a few weeks ago I posted a series of links from some key blog posts I’d found at that time. I’m at it again this week with a return visit to the blogosphere to see what great information is being posted by other real estate bloggers.
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First up is Roseanne Colletti with the Huffington Post with an aptly-named article titled First-Time Buyer:
Not having anything to sell in this real estate market makes you a very desirable credit risk to lenders. This means first-time buyers have a leg up over those who may have a leg caught in the door of a house they can’t sell. Sellers are also more likely to look on your offer favorably to another buyer who has property to unload in order to make the purchase.
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Next up is Ilyce R. Glink with Samuel J. Tamkin in the Washington Post with a lengthy article about mortgage refinancing, including some great Q & A, There’s More to Refinancing Than Lowering Your Rate:
With mortgage interest rates near a 50-year low, homeowners are very interested in refinancing.
But too many are focused on the wrong thing: Getting the lowest mortgage interest rate they can.
I’m not against lowering the interest rate on your loan. But being smart about refinancing means being savvy not only about what interest rate is attached to the loan but also on how much you’ll save each month and over the duration of the loan.
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Last up we have a short and sweet post on Frugal Real Estate about The Five Don’ts of Home Buying:
There are five cardinal sins when buying a home that can lead you to lose your dream home or pay far more for a property than it’s worth.
1. Don’t share your excitement with everyone. Being excited about finding a house that you hope to one day call your home is understandable. However, not everyone needs to be clued in on your excitement, especially the other party.