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While South Florida's cascading house prices may accept renting instead of buying right now, the current real estate bubble is also creating new risks for tenants. Plenty of homes and condos are available for lease because their owners can't sell them, giving renters a variety of options. The problem is that many of the owners may not be on steady financial footing. If they end up in foreclosure, tenants can be kicked out -- despite having a lease. ''That's happening. A lot of people ...
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So you've got your mortgage loan approval and are ready to look for a home. Here's a couple of ideas to keep in mind when looking for the right home for you. If you love gardening, you'll enjoy finding a home with a large yard, maybe something with ornamental shrubs or even a vegetable garden. Existing gardens or not, a green thumb can make any yard beautiful. However, if you've got no time for working in the garden, you'll prefer a low-maintenance, small yard. In fact, a town home with a ...
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There are many economic and market forecasts and predictions, however the bottom line is if you want to buy your first home—there is no wrong time. There is because the motivation to buy is not determined by regional market conditions or by location. Industry opinions, economic reports and investor speculation do not sway or predict when a particular individual will be ready to buy. For the great majority of folks, the most compelling reasons to buy a home are based on individual ...
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