Monthly Archives: June 2014

An Unexpected Expense

In a study released by TD Bank, 65% of buyers with mortgages that required mortgage insurance said the higher monthly payment was more than they originally expected. Private mortgage insurance is required on loans that exceed 80% of the home’s … Continue reading

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What is a Seller’s Market?

It is generally considered a seller’s market when the conditions favor the seller. This condition exists when demand is high and supply is low without any significant adverse economic conditions taking place. Demand is determined by ready, willing and able … Continue reading

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Don’t Leave Home Without…

Planning a summer trip is usually focused on what you’ll do, see and experience. Enjoy it even more by spending a little time before you leave to make sure your home is safe while you’re gone. Consider these suggestions along … Continue reading

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Another Source for a Down Payment

Most taxpayers know that they will pay a 10% penalty if they withdraw funds from their IRA before they turn 59.5 years old. There is an exception for first-time home buyers that allows a penalty-free withdrawal of up to $10,000 … Continue reading

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