http://online.wsj.com/news/articles/SB20001424052702303647204579545611734997926
Read more %1$sBuying a home after a short sale
Recovering From a Short Sale By LISA PREVOST Borrowers who owe more than their homes are worth can sometimes get out from under by negotiating a short sale with their lender. But short-sellers are branded as higher-risk borrowers, so new loans won’t come quickly or easily. A short sale is when a lender agrees to
Read more %1$sPowers of Deduction
For those weighed down by large mortgage payments, there are ways to save money when next year’s tax season arrives; beekeeping, anyone? By ANYA MARTIN One rueful lesson of tax season: Some deductions require lots of advance planning. Homeowners willing to do the legwork now can find some creative ways to lessen their tax bills
Read more %1$sWarren Buffett Reveals His Secrets for Investing in Real Estate
by Brian Lund There is no lack of information available about the institutional investment strategies of the world’s billionaires — how they move money in their capacity as the heads of large public companies and investment funds — but how often do you get the chance to look inside the personal investments of those billionaires? And
Read more %1$sWhen Buyers Say: Tear Down This Wall
By LISA SELIN DAVIS When it comes to combining dwelling units, two really are better than one. But expect higher fees and more paperwork. Mortgages for connecting two condos or co-ops, or converting a multifamily to a single-family house, can be complicated. “It’s not the kind of thing that you take off the shelf,” says
Read more %1$sWhen Big Loans Come to Town
Big loans aren’t just for big cities. Affluent borrowers in dozens of metro areas sign up for the large mortgages associated with million-dollar listings. Their popularity comes as no surprise in areas such as New York and San Francisco, known for their pricey real estate. But new data show these loans also account for a
Read more %1$sFirst-Time Homebuyers: Don’t Make these Mistakes
Congratulations, you are ready to buy your first home. Now hold on, the process is often long and confusing. First-time buyers may have the urge to embark on this milestone alone, but experts warn the process can be confusing, especially without proper research. Mistakes are bound to happen, says Adam Leitman Bailey, author of Finding
Read more %1$sBOARD APPROVED: NAILING THE CO-OP BOARD INTERVIEW
by Holly Lynch We asked nine current and former board members, one co-op lawyer and one property manager what matters most and some tips for navigating the process successfully. To read the full article click here
Read more %1$sASK AN EXPERT: HOW MUCH CHEAPER IS AN APARTMENT IN A LANDLEASE BUILDING?
by Teri Karush Rogers Q. If you have two identical apartments–one in a building that has a landlease, and one in a building that owns the land it sits on–how much less is the landlease apartment worth? A. Expect to pay a little to a whole lot less, but be prepared for higher monthly costs, say our experts.
Read more %1$sFirst-time Home Buyer’s Guide
Buying a home is a big deal. Too often, I think people rush into home ownership because it’s seen as a sign of adulthood and financial responsibility. But owning a home is a big commitment, it’s not a guaranteed good investment, and it’s a truckload of work. (I’ve been a homeowner for only two years
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