Have you been thinking about buying a home in the Tehachapi area? You're in good company. There are lots of compelling reasons to own your own home, but what makes now a good time to buy? See if you agree with these three reasons to buy a Tehachapi area home: Stocks are up 50% from … Continue reading 3 Reasons to Buy a Home in Tehachapi
“Buy and Bail” homeowners find ways to get past loan restrictions. Real estate professionals call it “buy and bail,” acquiring a new house before the buyer’s credit rating is ruined by walking away from the old because it’s “underwater,” or worth less than the mortgage. It’s an attempt to escape payments on a home whose … Continue reading Is “Buy and Bail” Appropriate?
What will the new consumer protection bureau do for home buyers? Part of the financial reform bill signed into law by President Obama includes the creation of a Consumer Financial Protection Bureau, which plans to write new rules and monitor problems and abuses in areas such as residential real estate settlements, credit scores, “truth in … Continue reading Real Estate News Roundup
I still believe that owning a home is among the best things one can do for themselves and their families. There are many good reasons to buy a home rather than renting. Tax deductions Lets start with the fact that you still get a whopping big tax deduction for owning a home. You don't get … Continue reading Why Rent When You Can Buy?