Welcome!




Expand Your Education with These Courses from
A Consumer Advocate Approach to Real Estate: Course 1.
Accredited Buyer’s Representative.
Bundle 1: CIPS Core Courses (Non-US Version).
Bundle 1: CIPS Core Course (US Version).
Time Management: Skills for Sales Success: Part Two.

Home Buying 101 Archive


95 Percent of Refinancing Borrowers Choose Fixed-Rate Mortgages

In the second quarter of 2011, fixed-rate loans accounted for about 95 percent of refinance loans, based on the Freddie Mac (OTC: FMCC) Quarterly Product Transition Report released yesterday. Refinancing borrowers clearly preferred fixed-rate loans, regardless of whether their original loan was an adjustable-rate mortgage (ARM) or a fixed-rate. ...


Remodeling Activity Slows under Economic Uncertainty

RISMEDIA, August 1, 2011—The remodeling market slipped under pressure from a sluggish economy according to the National Association of Home Builders' (NAHB) Remodeling Market Index (RMI), which dipped during the second quarter to 43.9 from the first quarter result of 46.5. An RMI below 50 indicates that more remodelers report ...


HUD and NeighborWorks America Announce Deadline Extension for Emergency Homeowners’ Loan Program

RISMEDIA, July 26, 2011--Recently the U.S. Department of Housing and Urban Development and NeighborWorks® America announced that the deadline for the Emergency Homeowners' Loan Program has been extended to Wednesday, July 27, 2011, in order to give homeowners at risk of foreclosure in the participating 27 states and Puerto Rico ...


6 Tips for Success at Real Estate Auctions

RISMEDIA, July 5, 2011—With foreclosures flooding the real estate market, many property buyers and investors are hitting the auction circuit looking to capitalize on the next great deal. For those that are new to the auction block, there are a ...


The Value of Home Warranties: Protect Your Wallet

RISMEDIA, June 30, 2011—Even with home sales and prices continuing to fall nationwide, millions of Americans will still navigate the process of buying and selling homes this summer, and for many, the sheer volume of details and decisions can be overwhelming. With so much to consider when buying or selling ...


Mortgage Insurance Cancellation: The Myths and Realities

RISMedia, June 3, 2011—When it comes to private mortgage insurance (MI), there are several myths that exist that make buyers reluctant to consider a conventional loan with MI as an option when purchasing a home. One of the more common ...


Your Leadership Needed: Nearly Half of Home Buyers Surveyed Don’t Understand Essential Information about Mortgages

RISMEDIA, May 5, 2011—As the housing market continues to struggle, home buyers appear ill-prepared to take out a mortgage, answering basic questions about mortgage information wrong nearly half (46 percent) of the time, according to a Zillow® Mortgage Marketplace survey. ...


Latest MBA Weekly Survey Shows Increase in Mortgage Applications, Driven by Refinances

RISMEDIA, May 5, 2011—Mortgage applications increased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 29, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 4.0 percent on a seasonally adjusted basis ...


The Evolution of Buyer-Agent Relationships

RISMEDIA, May 3, 2011—I would first like to thank everyone for the kind words and feedback from my previous article. It’s nice to know that I am touching on some key issues in our industry and I hope that ...


Study Examines the Impact of Homebuyer Education and Counseling on Mortgage Performance

RISMEDIA, April 29, 2011—Potential homeowners who participate in pre-purchase education and counseling programs may be more likely to pay their mortgages on time, although the evidence on this point is not consistent and compelling, according to a study released today ...


To Buy or Rent – Now’s the Time to Follow the American Dream

RISMEDIA, April 25, 2011—With home prices dropping, minimal interest rates and the cost of rental properties on the rise, now may be the time for renters to seriously consider buying a house, according to HouseSavvy, a premier real estate and ...


House Rich Rule #12 – Share the Brain Trust

RISMEDIA, April 13, 2011—Don’t let Washington or Wall Street stop the entrepreneurial spirit in you. We are in a period of history right now where as an entrepreneur, you want to build wealth and you can’t rely on anyone else. The real estate market is here for you and the ...


Real Estate Deep Dive: Raleigh, NC

April 8, 2011—In our last installment, we talked about the Las Vegas market and likened it to investing in stock options - volatile and risky, but with incredible upside potential. Not for the faint of heart. Today we go to the other side of the spectrum. The Blue Chip ...


The Power of Belief and Expectation

RISMEDIA, April 8, 2011—While you may not always get what you want, you will always get what you expect! Surprisingly, the power of belief and expectation work just as effectively on your feelings of self-doubt and limitation as they do on your thoughts of success and achievement. ...


What to Watch Out for When Buying a Foreclosure: Help Your Clients Know Which to Buy…and Which to Walk By

RISMEDIA, April 7, 2011—The economy is improving overall and, as a result, some bright spots are showing up in the real-estate market. However, the foreclosure spike, which began around the same time the recession did, isn’t a distant memory just ...