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Relationship experts have vivid opinion about the concept of “Mortgage before marriage”. But despite of other financial hardships, many un-married couples are getting attracted to the idea of purchasing their dream home way before doing any market research. It is necessary to judge the current mortgage market & also their capability to carry out the mortgage. It is advised by many financial experts that before taking the sacred oath of marriage, couples should develop a future financial strategy. It would help them to make a proportionate division between income & mortgage payment.

When you want to sale your home, you need to renovate your old house before displaying it in the market.

Home buyers & sellers, these two communities are the pillars of a successful housing & real estate market. There is a very thin line between the mindset of both parties. In a delicate process of home-buying, few bad moves & misunderstanding can trigger the cancellation of the deal. Often some home-buyers or sellers deliberately try to instigate the other one. The reason may be related to the interior of the house, may be due to increasing demand of the homes, multiple lucrative offer or home price drop.

Purchasing a home is the most important investment any person would make in his lifetime. But do you feel it is wise to pay for the house throughout your life? May be not. Then another question may arise into your mind and that is - how can you prepay your mortgage loan & if it is worth it?

In today's financial complexities, most of the senior Americans face complications when they retire. One recent statistics revealed, one-third of retired people are living on Social Security income. There is another source of income which helps some of the fortunate people with self-owned home. It is noted as reverse mortgage & works as a additional income source along with social security & other income sources.

Buying a dream home is one of the crucial events which might happen to your life. The purchase offer for a house is more like a marriage proposal. The answer might be no, or yes. In both cases you need to be focus on how you can move forward with a positive approach to the seller. You must give your full effort to convince the seller in order to get your job done. Here goes some rules which might be helpful for you to get a clean-chit from the seller.

In most of the cases, homeowners worry if they’ll be able to get a mortgage after short sale. This is because after short sale, their credit is hurt and it lowers the credit score. With low credit score, it becomes hard for homeowners to obtain a new mortgage. Now, short sale occurs when the lender agrees to the pay off of the loan for much less than what is owed. However, it is not that all lenders agree to go for a short sale agreement. Though short sale does hurt one’s credit, it is still possible to qualify for a new mortgage after a couple of years.

People normally buy bigger houses due to several reasons. Sometimes, promotion or new job can enhance the necessity of a bigger house. As their lifestyle gradually improves, they upgrade their home & want to move in a new bigger house. Realtors also influence them to “buy as much and as big as possible.” But if you have a closer look, you'll find that smaller homes were the most cost-efficient & desired amongst the people in last few decades.

You’ve got an exhaustive list of things to do from your real estate listing agent in order to make your house look all the more appealing and catchy to the potential buyers. Surely, you thought you’re done with them all, just when the agent hands out a report of her cost analysis on selling your property within present market value and your mortgage loan balance.

Buying a new home has many positive aspects associated with it. You will have many financial benefits like you can use the home as a collateral & opt for different loans according to your needs. But it is also true that purchasing a house is one of the most expensive decisions a person could ever make. Therefore, you need to do a lot of research before making that decision. You might find some very compelling reasons to not buy a home. Let us discuss about those probable reasons deeply.