Todays Real Estate

One of the most popular and helpful websites regarding real estate today is realestate.com. Their site offers a variety of different services; including finding a home by looking at a virtual map, providing community information about schools and other necessities, a home loan section and a home values section. The site also has guides on buying and selling, financing, moving and home and garden. They offer home sales in the major cities of Atlanta, Boston, Charlotte, Chicago, Dallas, Denver, Las Vegas, New York, Philadelphia, Phoenix, Portland, San Diego, Seattle, Salt Lake City, Tucson and Washington, D.C. Realestate dot com also offers home sales in 1,486 other cities, all of them can be viewed on their virtual street maps.

Their best feature, or article, on the site is their top 10 home buying mistakes. The following is their top 10 list:

1.Doing it alone.
2.Buying at first sight.
3.Not getting pre-approved.
4.Overbuying.
5.Misplacing your trust.
6.Relying on oral agreements.
7.Skipping the fine print.
8.Forgetting or betting on resale.
9.Making an unconditional offer.
10.Having buyer's remorse.

Realestate dot com also has a variety of articles regarding buying a house whether new or previously owned. Their articles deal with preparing to buy a home, finding a home to buy, finding a buyer's agent, a guide to buying a home, a guide to homeowner's insurance, a guide to homeowner's associations, a guide to private mortgage insurance, fixer-upper homes, investment properties, making an offer and negotiating an offer.

Realestate is an incredibly easy site to navigate and doesn't put a lot of fanfare of graphic flare on their site with flashing lights or moving graphics. They keep it simple and easy to find information throughout their site. Even though many websites feel that having flashing graphics attracts customers, it more often than not scares them away because it can be overwhelming.

When using realestate's virtual street view map, the prospective buyer can view the houses of their choice from the outside up close and personal; from the inside in various rooms like the kitchen, basement, bathrooms and bedrooms; from the sky to get an aerial view; from the house to the backyard and other different viewpoints. This feature is widely popular for prospective buyers because it allows buyers who are looking at houses not within their area code or their state to visually explore them before they decide to make a trip to the site. This is a great way to eliminate houses that buyers are no longer interested in.

Not only does the site provide pictures and pricing information for its listed houses, it also provides a detailed description of the amount of rooms in the house, the square footage of livable space in the house, what type of flooring is currently in the house, the features of the bathrooms, if there are any fireplaces, details of the garage(s) and outdoor features such as lighting and security features. Realestate dot com is a must-use resource for any prospective buyer looking to venture into real estate or looking to purchase a home to live in.

Real Estate Political Issues

Enjoy Financial Independence With Houston Reverse Mortgage

A house can mean a lot more to you than you imagined it to be possible. It is an asset and a security in the true sense and will surely be your best bet whenever you find yourself in any financial difficulty. Finances can be a major concern, especially for a retired individual and a senior citizen. The main issue here would be the lack of regular income at the end of each month. In such a scenario if any emergency arises then the only resort left with the individual would be to ask for a loan from family, friends or financial institutions. This is when your house can be your biggest financial security in case you are over sixty two and a house owner. A senior citizen can easily apply for a Houston reverse mortgage and reap the benefits by using his house as a security.

A Houston reverse mortgage has many benefits that rank it higher on popularity and preference than many other forms of mortgages and loans. Under the Houston reverse mortgage, the property continues to remain under the name of the original owner and therefore the right to sell the house is also intact with the owner. Also, the borrower does not have to repay his mortgage amount during his lifetime. The mortgage debt does not pass on to his heir in the event of the borrower’s demise. In case the borrower decides to sell off the property, the reverse mortgage would have to be paid off first before the money can be given to the owner or his family.

A drawback of the Houston reverse mortgage is the fact that the mortgaged property cannot be left to the heir of the borrower. However, in today’s day and age everyone is working towards building their own future and acquiring property through their own capability. Hence, not leaving a mortgaged house to your heir cannot be such a bad thing after all. Also the owner can continue to reside in the premises of the mortgaged house for as long as he wants, without repaying any mortgage amount. Only the regular costs of maintaining the house, such as bills and house tax, needs to be paid by the borrower. The house owner can also decide the manner in which he wants to receive the mortgage amount, whether as a lump sum or in installments.

Many senior citizens opt for the installment method, as it ensures a regular inflow of money for the day to day household expenses. Therefore, if you have mortgaged your house after retirement, you can continue to maintain your previous standard of living, thanks to the loan amount on the house. A Houston reverse mortgage, therefore, provides every senior citizen of America living in Houston, who is a house owner, the dignity of living independently till the very end of their lives. It ensures that you never have to ask for any financial support from any third party till the time you have your own house.