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Mortgage Professor about home ownership: 
Why Is the Loan Rejection Rate Rising?
March 20, 2000 "I have read that in recent years loan rejection rates have increased, especially among lower-income people and minorities?Why do they continue to get the short end of the stick?" You are ... more...

Questions About Title Insurance
December 16, 2002 "What is title insurance?"   Title insurance is protection against loss arising from problems connected to the title to your property.   Before you purchased your home, it may have gone through several ownership changes, and ... more...

home ownership related definitions

Reverse Mortgage
Reverse Mortgage, Reverse Annuity Mortgage, RAM A form of mortgage in which the lender makes periodic payments to the borrower using the borrower's equity in the home. A mortgage used by the elderly that provides income as a way of converting their home equity into a ... more...

Homestead Exemption
Homestead Exemption Status provided to a homeowner's principal residence - the dwelling (house and contiguous land) of the head of a family -in some states that protects the home against judgements up to specified amounts. Some states grant statutory exemptions, protecting ... more...

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Get Free home ownership Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

What to Look for in a Home
Searching for just the right home can be very exciting. You may plan ahead for the number of bedrooms and bathrooms that you want. Or imagine preparing for dinner parties in a sun-filled kitchen. Although these things are important, there is more to a good home purchase than the rooms it contains. ... more...

Renters Have Much to Gain by Pursuing Home Ownership
Buying a home vs. renting is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great. For many years, purchasing real estate has been considered an extremely profitable investment. It is an achievement that offers a sense ... more...

Town Homes In Houston Texas
Townhouses are a great choice in housing for people who may want a little more space and privacy than a condominium provides. Looking at townhouses for sale has many advantages, including:As a resident, you will not have to do any yard work or other exterior work on a townhouse.Townhouses can have ... more...

The Debt Test: Are You Making Out a Mountain Out of Your Mortgage?
According to the Council of Mortgage Lenders, first-time buyers are the most susceptible group of homeowners to debt, as they are more likely to have higher loan-to-value ratios and commit a higher proportion of their income to mortgage repayments. Despite their susceptibility to debt, there is ... more...

The Advantages of Buying a Home
Buying a Home is at the heart of the American Dream. It can bring happiness and provide a solid foundation for you and your family. It has many benefits, but the following three in particular Tax BreaksWhen compared to other investments, few can generate the healthy and long lasting tax breaks that ... more...

Buying A Condo In Chula Vista California
What are condominiums? A condominium is not a specific kind of home, but rather a specific kind of ownership. Condominiums can be townhouses, high-rise flats, or even detached houses. Instead of owning a piece of land outright, as with freehold ownership, condo owners own a space, called a unit, in ... more...

A "Small Home" Primer
Introduction Smaller houses are very popular and there are many reasons that people are looking for the right-sized home. Empty nesters, those people whose children have now moved out on their own, have too much house to take care of and may want to use their equity for more enjoyable purposes. ... more...

Bad Credit Mortgage - Got Bad Credit? Get 100% Financing!
Would you like to purchase a home but think it is impossible because you have low credit scores and very little money saved for a down payment? So you've given up the dream of owning your own home, having to wait until your credit scores improve or until you have saved enough for a substantial ... more...

Rent To Own Homes Explained
If you desire to own your own home but are unable to secure conventional financing today, leasing a home with an option to buy may be your best option. A lease purchase can make your rent money work for you instead of making your landlord rich. Typically rent to own homes offer rent credits that ... more...

Real Estate Investors - How to Buy for Your Rent to Own Homes Inventory
First and foremost, this article is for investors. As an investor, you should not (must not) have any emotional ties to any of your properties. You are in this business to make a fair and honest profit, and you will sell your home(s) when it makes sense to do so. Your goals should be to buy low and ... more...

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