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Piggyback loans: What they are and how they work 11/08/2023

Homeowners shopping for a new place can adopt a variation on the piggyback strategy: using a home equity loan/credit line for the second, smaller mortgage.

Piggyback loans: What they are and how they work If you don’t have enough in your personal piggy bank for these expenses, you might be a candidate for a piggyback loan. Also called an 80/10/10 or combination mortgage, it involves simultaneously getting two loans to buy one home.

Deal Deep Dive: 2 Real Deals in 2023 That’ll Build Your Retirement Nest Egg 11/07/2023

Want to speed up your retirement savings so you can retire even faster?

Deal Deep Dive: 2 Real Deals in 2023 That’ll Build Your Retirement Nest Egg With the right out-of-state rental properties, you can have consistent cash flow coming in every month, along with tens of thousands, if not hundreds of thousands, in equity from properties you bought this year!

Replacing Title Insurance In the Mortgage Market Is a Slippery Slope 11/06/2023

The longstanding title insurance requirement for mortgages backed by the GSEs exists for good reason.

Replacing Title Insurance In the Mortgage Market Is a Slippery Slope Without title insurance, the buyer or lender could be exposed to liability from the previous owner’s back taxes, outstanding liens, fraudulent and disputed property claims, and any number of issues that arise with the legal transfer of title.

Selling your home? These are the trendy features that buyers will pay more for 11/04/2023

Other trendy features like doorbell cameras, open shelving and soapstone countertops help homes sell faster.

Selling your home? These are the trendy features that buyers will pay more for A new report from Zillow found amenities like steam ovens or she sheds – a renovated shed that's the equivalent of a man cave – can increase a home's price by as much as 5.3% compared to similar listings. That’s an additional $17,400 on a typical U.S. home.

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