Financing Options for Rental Property All things being equal, second homes may offer better financing, but it will depend on where the property is located and what you intend to do with it. It’s a good idea to talk with your tax advisor about how you plan to use the property to decide whether it would be better to buy a second home or an investment property.
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2 Myths Holding Back Home Buyers by Keeping Current MattersFreddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their research revealed that,"For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning to purchase a home is their perception of how much they will need to save.
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Ben Carson “Oreo”? At HUD hearing, Housing Secretary ben carson confuses real estate term “REO” with “Oreo” Housing secretary ben carson confuses real estate term "REO" with "Oreo". For those not in well-versed in housing terminology, "REO" stands for "real estate owned" – a term used to describe foreclosed property that has been transferred back to a bank or lender after an unsuccessful auction.