Understanding the Back-Up Offer

Understanding the Back-Up Offer

“When can I consider my home sold? This is one of the most common questions real estate agents are asked. While the laws vary in different states, generally the contract is binding once both parties sign the offer. At that time the closing process begins. 

Let’s Go Back to Nashville and See If We Want to Buy It

Let’s Go Back to Nashville and See If We Want to Buy It

  Its attempt to turn local pride into profit by holding stocks of companies based in and around Nashville, Tennessee, sounded a bit too cute. The ETF has attracted just $9 million in assets. It has returned 12 percent since Memorial Day, while the S&P 

FHA Ends Post-Payment Penalties

FHA Ends Post-Payment Penalties

        The Federal Housing Administration is overhauling a long-held policy of charging extra interest payments on loans it insures to borrowers who have already paid off the principal debts on their mortgages. FHA has permitted its lenders to charge borrowers a full 

Why 20% of Households Are Throwing Away $11,500

Why 20% of Households Are Throwing Away $11,500

  About 20 percent of households who would benefit from refinancing are not doing itand they could be losing out on lessening their mortgage payments by thousands of dollars over the life of the loan,according to a new report from the National Bureau of Economic