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Buying a Home Remains 35% Less Expensive than Renting! In the latest Rent vs. Buy Report from Trulia, they explained that home ownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States. The updated numbers actually show that the range is from an average [...]
C.F.P.B. takes aim at deals that cost home buyers extra money Home buyers usually don’t have a clue about the existence of under-the-table marketing kickback deals, and they can end up paying hundreds or thousands of dollars extra at closings as a result. But now the federal government’s top consumer protection agency says that [...]
So you found the house, signed the purchase agreement, got your lending in place, now you’re all done… Or are you? Let’s be honest: The home-buying process is an enormous time-suck. Between the negotiations, the mortgage paperwork, the home inspections, and the number crunching (and re-crunching), it’s easy to get bogged down by the [...]
As of Saturday October 3rd, 2015 all of the new industry changes and regulations regarding the C.F.P.B. (Consumer Financial Protection Bureau) and T.R.I.D. (Tila-Respa Integrated Disclosure) are in full swing. After the delay of the official roll out of August 1st. What’s it all mean? As of the 3rd every single residential real estate transaction [...]
