15 Feb 2013
By Mark Feder

Why Buying Real Estate Can Be A Smart Financial Move

Personal Finance
Buying Solana Beach real estate doesn't just give you a place to live; it can also be a very smart financial move. This is because owning a home can be like having a forced savings account, which you are committed to for the long term. Consistent Saving On Autopilot Sometimes saving money on our own each month is difficult. It takes a lot of discipline to maintain a consistent savings plan. However, paying your mortgage every month means that you are paying down the principal and working toward eventually owning the property outright. In the early years of the mortgage,…
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12 Feb 2013
By Mark Feder

Clever Tips for Paying Off Your Home Mortgage Faster

Personal Finance
Paying off the mortgage on your Solana Beach home faster not only means that you'll be able to enjoy the peace of mind that comes with completely owning your property sooner, but you may also save thousands of dollars in mortgage interest payments over time. Below are seven clever tips to help you get your mortgage payments on the fast track. Save for a large down payment Make as large of a down payment as you can reasonably afford. The more cash you can put down, the less you'll have to borrow from the bank. This will reduce your monthly…
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08 Feb 2013
By Mark Feder

When Can You Buy Real Estate After Foreclosure?

Personal Finance
If you lost your Solana Beach home due to foreclosure, you probably haven't given up on the dream of owning a new home. The good news is that a number of guidelines have changed which may allow  you an opportunity to buy that new home sooner than you think.   There are a few guidelines that lenders follow to determine when you’ll qualify for financing after foreclosure. Arming yourself with this information may help you qualify again for a mortgage. Foreclosure With Extenuating Circumstances Generally, lenders will take into consideration any extenuating circumstances surrounding the foreclosure on your California real…
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05 Feb 2013
By Mark Feder

6 Tips For Buying An Older Home

Personal Finance
Older Solana Beach homes sometimes offer more charm and character than the newer houses of today. They boast gabled roofs, crown moldings, hardwood floors and antique fixtures. Buying an old house is like buying a piece of local history. Its beautiful period features can give it a timeless beauty and grace that is hard to resist. However, buying a house from another era can be an endeavor fraught with potential problems. Older houses are not necessarily built to the same electrical or plumbing standards of today. Plus, if they have not been maintained correctly through the years, they can turn…
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