Michigan Mortgage

The Right 3 Questions for Home Buyers

I’m often asked, “Is now a good time for me to buy a home?”

The answer is never straightforward, but the questions you need to ask yourself usually are…

Extending the $8,000 FTHB Tax Credit

November 30 is the deadline for the $8,000 1st time home buyer tax credit, but what actually ends up happening on December 1st is, at this point, anyone’s guess. But for what it’s worth, I’ve linked an article I read yesterday that has a lot of the right people giving their opinions on the matter.

Sunshine

So maybe the dark days are truly behind us. The numbers coming from all corners of the housing industry seem to be more than spikes on an otherwise flat chart. They seem to be sustained. Even Bernanke has finally gone so far as to admit that yes, it looks like…

The Folly of the Reg Z Exemption

There’s an interesting pair of verses in the book of Proverbs. They go like this: “Answer not a fool according to his folly, lest you be like him yourself.” Then right after that we read, “Answer a fool according to his folly, lest he be wise in his own eyes.” This is no contradiction…

The Time is Now.

The housing downturn has, over the past few years, challenged some of the conventional wisdom about owning vs. renting. Let’s face it. Renters have weathered the storm ok; whereas owners, as a group, have not.

Does that mean you should dump your home and rent? Not at all. In fact, if you’re renting now, this may be just the right time to cross over into home ownership.