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Before you sign the closing documents for a mortgage, compare the settlement statement with the Loan Estimate (LE) to make sure there are no errors--these errors coincidentally favor the lender in most cases. Caveat Emptor :-)
NJ home sales declined year-over-year in both November and December.
If you relocate for a new job and rent out your property, you are a landlord in the eyes of the IRS, so make sure you report your new rental property on your federal income taxes.
Pending US home sales, a leading indicator of home sales based on contract signings increased 1.8% in May compared to a 6.3% decline in April.
Think twice before sinking a lot of money into a home renovation like granite counter tops, pricey fixtures and fancy alarm systems--on average, capital improvements add only 50% of their cost to a home's value!
New US home sales fell 13.7% in May.
