Home Buying/Selling

Recent Answers

2012-02-08 Buying or Selling a Home - fees for a new home:

In figuring out what your payment may be after paying $40,000, Lisa, the unpaid mortgage of $160,000 starts off, assuming a 4.5% interest rate, that would make your monthly payment about $811 (not including

2012-02-08 Buying or Selling a Home - fees for selling and buying new home:

Hi Lisa,    Congratulations on the expanding family... the price you would get for your current home is all determined by the current market value in the area of the home.  Adding amenity does not guarantee

2012-02-08 Buying or Selling a Home - costs for a new home?:

Lisa -     Very smart to get a big picture cost of "moving up".  Some thoughts:  If you have only owned for a year, depending on your area, you may actually have a loss in value.  The only way to  know

2012-02-08 Buying or Selling a Home - question on house buying:

Hi Lisa   Are you planning on selling your home you're in now? If so and you stay in your current home for two years you can keep all your capital gains tax free.  You can then use that money to buy a

2012-02-08 Buying or Selling a Home - house buying costs:

In general, Realtor fees are out of the net of your house profit.  You can roll over closing costs and put them in the new loan, but you're still paying them.  Add in some moving fees and additional transaction