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Category: Real Estate

More Than Half of Millennials Want to Buy a Home

More Than Half of Millennials Want to Buy a Home

The idea that real estate is a solid long-term investment is not a new one. And despite a major dip in the real estate market about ten years back, the market has recently picked up enough that many prospective home buyers have forgotten that it can go anywhere but up, up, up, in value. But here’s a factoid that seems less tied to tradition:  Wanting to buy a home not only to live in (preferably shielded by the rest of…

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Word Isn’t Getting Out About Low Down Payment Loan Possibilities!

Word Isn’t Getting Out About Low Down Payment Loan Possibilities!

When Nolo published the latest edition of its Essential Guide to Buying Your First Home in 2017,  one theme stood out among our participating experts: the satisfaction that came from helping would-be buyers who didn’t think they could afford a house purchase, by guiding them toward loan options that don’t require the traditional 20% down. For instance, Sydney Andrews of Loanenvy.com said it’s, “a good feeling when a first-time homebuyer comes in, nervous, thinking they might not really be able…

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Top Ten Nolo Articles for 2017

Top Ten Nolo Articles for 2017

Happy New Year! And now, for a quick look back at what Nolo’s online readers were putting first on their reading lists last year. Anyone notice any themes? The ones that seem to stand out are money, money, more money, the inevitable inquiries following the Harvey Weinstein scandal, and food. Let’s take a closer look, starting at the top. Will I Get Penalized for Working While Collecting Social Security Retirement? Looks like a lot of people either can’t give up the…

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Cost of Owning a Home Likely to Go Up in 2018

Cost of Owning a Home Likely to Go Up in 2018

Between tax law changes, insurance industry responses to disasters, and fluctuations in the market in general, the finances of owning a home are likely to shift in this new year—and mostly for the worse. Here’s what we’re looking at:  A lower limit has been placed on the amount of mortgage debt a homeowner can deduct interest on—it has gone from $1 million to $750,000. Deducting interest on a home equity loan will be possible only when the loan is used to substantially…

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If Friendly Neighbors Are So Important, Why Not Ask About Them When Buying?

If Friendly Neighbors Are So Important, Why Not Ask About Them When Buying?

An impressive 50% of prospective homebuyers say their top priority when it comes to neighborhood features is having friendly neighbors, says a recent Berkshire Hathaway HomeServices Homeowner Sentiment Survey. This feature ranked higher for survey respondents than school district (at 41%), financial considerations (39%), and perceived investment value (37%). The results reflect well on the common sense of today’s homebuyers. After all, a difficult or hostile neighbor can impact your personal financial considerations (for instance, if you get into a dispute over something like who…

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