A survey recently released by the Homeownership Alliance shows that 87 percent of Americans believe home ownership provides a "sounder" investment than the stock market and that more Americans would benefit from taking advantage of such an opportunity.more...

It is important for homebuyers to discern the difference between home inspectors and building inspectors, which are two different creatures. The former search for noticeable flaws in a completed residential property, while the latter mainly uphold building codes and construction regulations.more...

Whenever a consumer develops his strategy for locking a favorable mortgage rate, he should forget about trying to predict the direction of interest rates. Instead, the first thing to consider should be his capacity to assume the risk of a rise in market rates.more...

Once a homebuyer has chosen a home to purchase, the real estate agent typically prepares an Agreement of Purchase and Sale, in which a condition is included that would make the finalizing of the agreement contingent upon the buyer's approval of a home inspection report filled out by a licensed home inspector.more...

There are several reasons why refinancing one's mortgage is a good idea. Refinancing allows homeowners to borrow for less using their equity as a source for cash or as a home-equity line of credit. Homeowners can borrow against their equity instead of selling stock, which gives them flexibility in investing.more...

Homeowners' warranties cover the expenses associated with repairing or replacing various items in the home. Sellers of resale homes are recommended to offer warranties as an option to a prospective buyer, and buyers should request one if it is not included.more...

Among the ways to reduce the stress associated with buying or selling a home is to hire a trustworthy, energetic and professional real estate agent.more...

Increasingly, consumers are purchasing second residences in vacation spots for personal enjoyment, for investment, and as future retirement homes. As with any major purchase, second homes present buyers with both pros and cons.more...

"How to Find a Home and Get a Mortgage on the Internet," a new book by Randy Johnson, provides homebuyers with a useful guide to buying a house or finding a less expensive mortgage.more...

No set rules exist for determining what the best purchase offer for a home should be. In some instances, a buyer can offer significantly below the listed price, while other times offering the full asking price is the best course to follow.more...