Real Estate Headlines for Thursday, May 23, 2013
Q: Is a Home Equity Line of Credit Similar to a Second Mortgage?

A: A home equity loan, like a second mortgage, lets you tap up to about 80 percent of the appraised value of your home, minus your current mortgage balance. But because it is set up as a line of credit, you will not be charged interest until you actual...

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Word of the Day

Second mortgage.  Lien on property that is subordinate to a first mortgage.  In the event of default, the second mortgage is repaid after the first.  Also called a junior mortgage, and in some circumstances a home equity...

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Aging in Place Primer: Reducing Maintenance

I recently referenced reporting by Nell Bernstein at caring.com, who pointed out two important factors about planning for aging in place. Bernstein says the steps to successful aging in place include learning how to "future-proof" a home -- b...

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Tips for Extending your Home into Your Patio

(BPT) - In warmer weather, patios transform into the ultimate gathering space for backyard barbecues, reading, relaxing or even exercising. These outdoor rooms become an extension of the house, seamlessly merging the outdoors inside and vice versa.

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7 Ways to Cut Cost on Airfare

Frequent flyer miles aside – because, as many of us have learned, they may not be available when we need or want them – there are other ways to ensure you get the best possible price on air travel.

From Scott Gamm of TheStreet.com...

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Other Recent Real Estate Headlines
Word of the Day

Sales Contract.  Contract that contains the terms of the agreement between the buyer and seller for the sale of a particular parcel or parcels of real estate.

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Q: What Is a Second Mortgage?

A: It is a loan against the equity in your home.  Financial institutions will generally let you borrow up to 80 percent of the appraised value of your home, minus the balance of your original mortgage.

You may incur all the fees normally...

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Moving? Make the Most of Your DIY Move

(BPT)—New jobs, first jobs, relationships and looking for a change in weather - these are just a few reasons people have for moving. Most families move during the warmer months, and many choose to move to warmer locations.

"Atlanta...

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The 10 Best Things to Buy in June

With Dads, grads and bridal couples being celebrated in June, it should come as no surprise that household goods and personal electronics head the list of things that go on sale now.

Specifically, said Lifehacker’s consumer editor, Whit...

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Aging in Place Primer: In Home Safety

I recently referenced reporting by Nell Bernstein at caring.com, who pointed out two important factors about planning for aging in place. Bernstein says the steps to successful aging in place include learning how to "future-proof" a home -- b...

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