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What’s in the news for April 25, 2011?
New Home Sales Increase ? Sales of new construction homes in the United States rose 11.1% from February to March, although they were still down 21.9% from March 2010. Read more here.
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What’s in the news for April 20, 2011?
Home Sales Up, Prices Down The National Association of Realtors (NAR) reported that the number of existing homes sold in March was up 3.5% versus March 2010. However, the median home price fell 5.9% to $156,900. Read more here. Connecticut Looks to Change Homeowners Insurance Laws The state House of Representatives in Connecticut is considering a …
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How does the HUD-1 Settlement Statement summarize buyer’s side of the real estate transaction?
Second in a 5-part series. Part J of the HUD-1 Settlement Statement summarizes the buyer’s side of the transaction in lines 101 through 303. Line 303 is the total of all of the buyer’s debits and credits and shows the amount of money that the buyer must bring to closing. This post is a line-by-line …
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How can I lower my property taxes?
You can try to lower your property taxes via a property tax protest (see our related post on this topic), but you may also lower your property taxes if you qualify for certain exemptions offered by your local government. In Texas, we have a homestead exemption. Through this exemption, a certain portion of the value …