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    News and Articles on Buying A House

    Archives: Buying A House

    How to Choose Between Renting or Bu...  Nov 21, 2009
    Buying a house requires a down payment, generally 20% of the price of the house. This can be quite expensive and it may take time to save up for. (Suite101.com)

    Home loans: Joint ownership helps  Nov 19, 2009
    Buying a house jointly facilitates a larger loan as income of all the co-owners would be considered by the lenders. Also, in many states, a lower property registration fee is levied in case the property is owned by women either individually or jointly. (India Times)

    In family we trust  Nov 18, 2009
    Q. We are considering buying a house off the plan through a family trust. We will base our office there. (Sydney Morning Herald -- Business)

    Use your idle cash to buy a house  Nov 18, 2009
    He earns Rs 12 lakh per annum and wishes to start providing for two key goals buying a house (Rs 40-50 lakh) and providing for his childs education ... He earns Rs 12 lakh per annum and wishes to start providing for two key goals - buying a house (Rs 40-50 lakh) and providing for his childs education. (India Times)

    Gillette housing market stabilizes  Nov 16, 2009
    "I made too much for low income housing, but not enough for a regular apartment, so it was frustrating, Thomas said. It was like I was never going to get ahead. Thomas has continued to struggle to find affordable housing. A small business owner, Thomas has worked two jobs in addition to her massage therapy business just to keep up with bills. The cost of living here is so high, Thomas said. The costs have just skyrocketed. It just costs so much to rent anything here. Thomas... (Casper Star-Tribune, WY)

    > Petters skimmed millions from Fingerhut land sale, witness says  Nov 11, 2009
    In testimony, Wehmhoff said Petters took money from PCI funds prosecutors say first came from defrauded investors for personal uses such as buying a house in Florida. After a company Petters co-owned, , sold a Minnesota property for $25 million, Petters pocketed $11 million of the proceeds, even though he owned 1 percent of the company, Wehmhoff said. (Twin Cities Business Journal, MN)

    THE INFLUENCE GAME: Jobless aid helps business  Nov 10, 2009
    Bill Killmer of the Homebuilders called the credit "a pretty powerful tool" in getting people contemplating buying a house to "move to yes and be motivated" to close the deal. Like the Realtors, homebuilders have been citing the tax credit in their marketing campaigns, using the government subsidy to propel their "Buy now!" message. (Jefferson City News Tribune, MO)

    Cities face hurdle to buy foreclosed homes  Nov 7, 2009
    One of the city's contractors, the Fresno Redevelopment Agency, is buying a house in the Lowell neighborhood as its first purchase, said Marlene Murphey, executive director. One of the goals of the program is to provide funding for renovations. (Fresno Bee -- Business)

    Must-knows before buying a house  Nov 4, 2009
    For most NRIs as well as the rest of Indians, buying a house is perhaps their biggest one-time investment ... For most NRIs as well as the rest of Indians, buying a house is perhaps their biggest one-time investment. (India Times, India -- Intl Business)

    $1 Chicago suburb homes lack buyers...  Nov 1, 2009
    Sure, buying a house means assuming the future costs of upkeep, but a dollar. "Even if you're offering a house for a dollar, sometimes all those logistics can make it difficult, especially in this market," Lisa DiChiera of the Landmarks Preservation told the. (The Drudge Report)

    Key factors in home loan process  Nov 1, 2009
    Hence, a home loan makes the process of buying a house a much closer reality. Should you apply for loan. (India Times)

    Buyers Seek Plenty of Amenities in Hyper-Localized Markets  Oct 30, 2009
    He adds, "Developers are really bending over backwards to pacify their customers. In the past, people who were buying a house had to make compromises. We can t just throw up four walls and a roof and expect people to want them. We have to provide them with a terrific product and explain to them why it s terrific." Miller says a top priority amenity that buyers are looking for in housing is proximity and time-saving locations. If your home offers that, it s critical to market those highly... (RealtyTimes)

    Useless Knowledge: Tricks, treats, scary movies  Oct 30, 2009
    Which 1979 film is based on the true story of a couple and their children who experience paranormal activity after buying a house in a suburban New York neighborhood. 18. (Montana Standard, MT)

    West Concord planning group meets with developer  Oct 30, 2009
    The days of getting out of college, getting your first job, saving money for three years and buying a house are gone. Asked about the wastewater capacity problems plaguing the town, Hamlin said all the talks going on are moot without increased capacity. (Concord Journal, MA)

    Brazil Stocks Fall Most in 4 Months, Led by Homebuilders; Bolsa, Real Drop  Oct 28, 2009
    Buying a house is a big decision, and people are a lot more cautious, Duran y Casahonda said in a telephone interview. led declines on the index, losing 7. (Bloomberg -- Latin America)

    When insurance is not enough  Oct 27, 2009
    com reader story: An unemployed Michigan couple struggles with piling medical debt and dashed hopes of buying a house and starting a family. msnbc. (MSNBC -- Health)

    Deadline is looming for home tax credit  Oct 26, 2009
    While it is a buyer's market, it's important that first-timers don't rush into buying a house just to take advantage of the tax credit ... Just because the tax credit is set to expire on Nov. 30, it doesn't mean you should rush into buying a house that you aren't sure about. (The Augusta Chronicle)

    Home sales rise 9.4 pct. in Sept., beat forecast  Oct 25, 2009
    "They're worried about buying a house, and then all of a sudden, I might not have a job.". A steady job as an operating room nurse is one reason Hope Carson, 41, is able to buy a home. (Yahoo News -- Press Releases)

    Military setback  Oct 24, 2009
    "It's like buying a house without its layout design," Mr Rai said. It will be years before Scorpene will sail in India. (BBC News -- South Asia)

    Kauai parents, grandparents drop off kids, criticize furloughs  Oct 24, 2009
    "My son needs to work and his fiance needs to work, because they are buying a house," said Elaine Kealoha, who brought her 5-year-old grandson Hunter Ahloo to the Kamaaina Kids program in the Wilcox cafeteria. "They should cut anywhere but education," said Kealoha, who will be keeping another grandson at home who is a special education student. (Honolulu Advertiser)

    HUD counseling funds tripled despite criticism  Oct 23, 2009
    However, one of them the ACORN Housing Corp. drew national attention last month after conservative activists released undercover videos taken at several offices of ACORN affiliates, including in New York and Washington, where housing counselors gave advice on buying a house for a brothel. The employees worked for a program that gets HUD funding but were not paid with government funds, ACORN Housing spokeswoman Alyson Chadwick. (USA Today -- News)

    Want to Be Obama's Next-Door Neighbor?  Oct 20, 2009
    (CBS) When buying a house, there's more to consider than just location, location, location. There's also the neighbors. (CBS News -- US)

    Janzen's journey unexpected  Oct 19, 2009
    Her list features a number of things she has already accomplished including buying a house in Riverside, getting a motorcycle and learning sign language and there are many left to be fulfilled. There are a lot of things I still want to do, says Janzen, who someday wants to visit Greece and learn to speak Spanish. (Wichita Business Journal, KS)

    Joint home loan results in higher tax savings  Oct 19, 2009
    FOR most working couples, buying a house is once-in-a-lifetime experience and their most expensive buy. An easy way to fund this expensive buy is a home loan, which also offers tax breaks on both principal and interest payment components. (India Times)

    Another sign of difficult economic times: People are putting off having babies  Oct 18, 2009
    "They put off buying a house, changing jobs and going on vacation - and they put off having kids.". Morgan said he expects the decline in births to last a year and a half to two years. (Herald Online, SC -- Lifestyles)

    15 Comments  Oct 18, 2009
    After all, what did you expect - buying a house next to a ROCKET TEST SITE ... After all, what did you expect - buying a house next to a ROCKET TEST SITE. (KWTX.com, TX)

    Letters for Thursday, October 15,2009  Oct 16, 2009
    manawai wrote on Oct 15, 2009 8:48 AM:" Kuaina - You forgot to ask why nobody is telling parents to step up to the plate and do more teaching of their own children evenings at home. If they are so worried about their education, then why do they just sit there and complain when it's THEIR children's future at stake? Seems like "it's not my job" has spread from the workplace to the home. "It's not my job" even when they whine their children's future is jeopardized because apparently they really... (Lihue Garden Island, HA)

    It really isn’t heresy - in some situations renting beats buying a house  Oct 15, 2009
    It really isn t heresy - in some situations renting beats buying a house - The Boston Globe ... It really isn t heresy - in some situations renting beats buying a house. (Boston Globe)

    White House Faces Pressure on Jobs  Oct 10, 2009
    "These high unemployment rates are not coming down. The stimulus is not working. And some of the policies that are continuing to be promoted here are not going to help the situation; they are going to make it worse. The difficulty lawmakers face in enacting new spending is reflected in the bickering over a plan to extend emergency unemployment benefits for another three months -- an idea that many independent economists consider a "no-brainer," as IHS Global Insight chief financial economist... (CBS News -- US)

    Jamie Dimon: Lucky or Good?  Oct 10, 2009
    "I tell people buying a house and buying a house on fire are two different things," explained CEO Jamie Dimon during an interview that year on. Charlie Rose. (BusinessWeek)

    Vikram Kotak, Chief Investment Officer, Birla Sun Life Insurance  Oct 9, 2009
    The first thing that one needs to do before selecting a plan is to set a financial goal, retirement, childrens education or buying a house. Based on the defined goal, one can choose from a variety of fund offerings that provides long-term capital appreciation along with risk cover. (India Times)

    'Capitalism' Clash  Oct 8, 2009
    HANNITY: You're not that poor if you're buying a house, Michael. MOORE: You don't understand what's going on here. (Fox News)

    Buying Foreclosure Properties  Oct 8, 2009
    It will also explain why buying a house through a real estate agent, rather than at auction, is the preferred option ... Buying a house at a is difficult for a seasoned veteran, let alone someone who lacks sufficient experience and expertise. (Suite101.com)

    Limbaugh, cont.: Guess who just said wrong thing again?  Oct 8, 2009
    And while you are at it, you may want to stop by your local ACORN office for advice on buying a house to use for illegal purposes. Paul's Johnson. (Atlanta Journal-Constitution -- Sports)

    China building 47 mln sq m of affordable housing Jan.-Aug.  Oct 6, 2009
    The economically affordable housing program, approved by the government in 2007, aims to provide low-income urban households a less costly option in buying a house. Such apartments have government-guided sizes and prices. (Xinhuanet, China)

    Property investments yield high returns  Oct 5, 2009
    There are two avenues in property investments - buying a house to live in and an investment for capital appreciation. Buying a house to live in should be done as early as possible as it saves tax, and creates longterm wealth. (India Times)

    Housing affordability  Oct 2, 2009
    They are not poor but buying a house in today's market is almost impossible unless they want to live more than an hour's drive from the the city centre. Welcome to the first generation of middle Australians to miss out on the dream of home ownership - the first generation of Joneses who can't keep up. (Sydney Morning Herald -- Opinion)

    An abiding faith: Son's transplant tests family (2)  Oct 2, 2009
    By November of that year, the family had relocated to Northeast Ohio, eventually buying a house in South Euclid. e live on an emotional roller coaster. (Cleveland Jewish News, OH)

    First-time home buyer tax credit set to expire  Sep 30, 2009
    The Kitchens had additional motivation for buying a house, including the fact that the couple's first child was nearly a year old, interest rates were low and prices had fallen dramatically from years past. Members of the House and the Senate have proposed more than 20 bills to extend and/or expand the credit. (San Francisco Chronicle -- Business)

    Lotto winner returns to work a millionaire  Sep 23, 2009
    Wednesday, September 23, 2009. (09-22) 21:23 PDT San Lorenzo, Calif. (San Francisco Chronicle)

    Govt plans regulatory reform for housing sector  Sep 18, 2009
    The end users, on the other hand, are comfortable in buying a house when projects are close to completion, hence making the sector over dependent on investors. Consequently, in the last one year of market downturn, the entire real estate sector came to a screeching halt as investors disappeared from the market. (India Times)

    The Glee Effect  Sep 18, 2009
    Terri Schuester pressures Will into buying a house they cannot afford to accommodate their growing family - only to fake it after she finds out it was a "hysterial pregnancy" and there was never a baby. By contrast, awkward and germaphobic high school guidance counselor Emma Pillsbury harbours a secret love for Will that he is completely oblivious to - so far. (Suite101.com)

    Housing Affordability Made Simple  Sep 16, 2009
    Buying a house is a huge decision. Here's a way to help determine how much you can afford and if now is the time to buy. (BusinessWeek)

    ACORN blocked from HUD grants  Sep 15, 2009
    The 83-7 vote came as the group is suffering from bad publicity after a duo of conservative activists posing as a prostitute and her pimp released hidden-camera videos in which ACORN employees in Baltimore gave advice on buying a house and how to account on tax forms for the woman s income. Two other videos depict similar situations in ACORN offices in Brooklyn, N.Y., and Washington. (Boston Globe)

    'False dawn' in UK housing market  Sep 14, 2009
    And it warned that the threat of unemployment was also likely to cause people to delay making big financial decisions, such as buying a house. Last week a report from the Halifax said house prices rose by 0. (BBC News -- UK)

    Massachusetts regulators took punitive action against few brokers and lenders  Sep 14, 2009
    What troubles me most is that poor, unsophisticated, often non-English-speaking people put their hard-earned money into buying a house and really tried their best to make their payment, but they were doomed from the beginning, said Cohen. The New England Center for Investigative Reporting at Boston University is an investigative reporting collaborative codirected by Joe Bergantino and Maggie Mulvihill. (Boston Globe)

    ACORN Fires 2 In DC After Hidden-Camera Video  Sep 13, 2009
    It shows a man and woman at the group's Washington office, asking for help in buying a house for her prostitution business. The employees advise her to tell banks that she's a consultant with her own company. (W-USA News, DC)

    Most affordable US real estate  Sep 13, 2009
    Buying a house in the US hasnt been this affordable in a generation. Not only have housing prices plunged from Miami to Los Angeles, but interest rates are near historic lows. (India Times)

    Jessica book sales fall short  Sep 12, 2009
    m considering buying a house on a nice block in Queens, but it has a spir. If you lost a job, how long would your savings hold out. (Yahoo News -- Jessica Lynch)

    First-time home buyers face deadline  Sep 12, 2009
    More than 10 percent of home buyers in a recent survey cited the tax credit as the most important reason for buying a house. An estimated 1. (Charlotte Business Journal, NC)

    Economics and psychology  Sep 12, 2009
    Classical mainstream economic theory suggests that when we make significant investments like buying a house or buying stocks, we have a formal process for making rational decisions i.e. we consider all the options available to us, their outcomes, how advantageous each outcome would be and consider the probabilities of each of these options. In reality, do we do that. (The Star Online, Malaysia -- Business)

    How to Get an FHA Home Loan?  Sep 12, 2009
    Read to know more about the pros and cons of taking an fha loan while buying a house for the first time. FHA loans for Borrowers with Less Perfect Credit History. (Suite101.com)

    Bid wars, gutted homes plague market  Sep 11, 2009
    "I have made five or six bids for some buyers, and they have not been successful in buying a house yet.". Mike Mendoza, another longtime Ahwatukee real-estate salesman, said the upside to the situation is that "the market is starting to move again.". (AZCentral -- Business)

    Where to Find America's Most Affordable Real Estate  Sep 11, 2009
    Buying a house in the U.S. hasn't been this affordable in a generation. Not only have housing prices plunged from Miami to Los Angeles, but interest rates are near historic lows. (BusinessWeek)

    The One Thing  Sep 11, 2009
    There are new undercover tapes that expose the corruption in ACORN. It's a man and his "girlfriend" going into an ACORN office in Baltimore, Maryland, looking for help in buying a house. Why do they need help. (Fox News)

    What does 46.3 million uninsured mean?  Sep 11, 2009
    Those excerpts showed a man and woman asking about buying a house and how to account on tax forms for the woman s income. An ACORN employee advises the woman to list her occupation as performance artist. (Atlanta Journal-Constitution -- Opinion)

    What crisis?  Sep 10, 2009
    And, in these parts, we talk about building a house and not buying a house. And the building of a house has been known to take up to 10 years, giving rise to a phenomenon known as the uncompleted house - many examples of which you will see dotted all around the country. (BBC News -- Africa)

    How grandparents managed money  Sep 10, 2009
    They are more brand conscious than any generation before has ever been, the wardrobe has 10 or more different styles of attire for every occasion, vacations abroad are common, buying a house and a car by availing loans is also common. Educational loans and vacation loans are also on the rise. (India Times)

    Auction may be risky way to buy house  Sep 7, 2009
    Buying a house through the auction process offers its own advantages and potential pitfalls. Bidders have to come armed with cash or financing in place and information on the property in hand. (Waterloo-Cedar Falls Courier)

    Apartments beckon renters with special offers  Sep 6, 2009
    "We were finding that residents who couldn't qualify to lease an apartment based on our credit standards were going and buying a house," Pierce said. "That's been happening for the last three to five years.". (The Clarion-Ledger)

    HERSOM: Marquette honors North grad Gordon  Sep 4, 2009
    "He ended up buying a house out here (in Hood River)," said Kate, who met her husband-to-be a couple of years later. "I moved out here because he was out here. But I was convinced this was paradise and where I wanted to live.". (Sioux City Journal, IO)

    Tell KGW your money hardships for chance at financial makeover  Sep 3, 2009
    Debt was overwhelming their other long-term goals, like buying a house and starting a family, Jennie Vinson said. Three months after calling the OSCPAs the Vinsons were making considerable progress. (KGW Northwest NewsChannel 8, OR -- Business)

    * Ma too eager to sign ECFA, former top negotiator says  Aug 28, 2009
    Likening signing of an ECFA to buying a house, Chang said the buyer would put himself in a bad position if he or she sent out invitations to a house warming party before the house had been purchased because the buyer would then have to pay whatever price has been offered to obtain the property. Chang said the administration should also have taken advantage of legislative supervision. (Taipei Times, Taiwan -- World Business)

    S B Mathur, Secretary General, Life Insurance Council  Aug 27, 2009
    In India people not only save for the long term but also for the medium term such as school admissions, higher studies of children and their marriage and for buying a house. Retirement savings is not the only objective. (India Times)

    Paying for your dream house  Aug 25, 2009
    However, with the change in the global financial scenario, buying a house has become easier since banks are cutting interest rates and making it easier for people to buy houses. Different banks are coming up with different schemes to home loan customers. (India Times)

    Factors that brings property down  Aug 22, 2009
    With global financial crisis and unabated rise in Indian inflation index, the cost of buying a house went up. Home loan interest rates also became much higher than the rates many could afford. (India Times)

    Bank sells woman's house, kicks her out by mistake...  Aug 20, 2009
    jpg","reviewed":true,"updatedAt":"20090819051306","username":"ChrisW"},{"body":"This is really scary when I'm in the process of buying a house. Makes you wonder what is happening in our twisted economy. (The Drudge Report)

    Home Owners Issue Ultimatum To HFC  Aug 20, 2009
    My brother, in Ghana we trust companies not individuals, when it comes to buying a house or a land. That is why we all trusted HFC and bought from them. (Ghana Web, Ghana)

    Man, 46, found beaten, throat slashed  Aug 18, 2009
    One of Cross' older sisters, 48-year-old Shirley Cross-Adams of Orlando, said she and the victim had been talking about buying a house together. Cross had just moved from another apartment on Magnolia Avenue a few weeks ago. (Daytona Beach News Journal)

    Notice change in housing market?  Aug 13, 2009
    The house lost $100,000 during the year it was on the market but it did sell and after almost two years I am now able to get another loan for buying a house in my new location that is half price of what I could buy a home in Atlanta. citizen. (Atlanta Journal-Constitution -- Business)

    Visa policy may force Wells business owners to leave country  Aug 13, 2009
    I was a prep cook last summer before I graduated from UNH. Almost everything is fresh besides some of the larger shrimp that are not (Seacoast New Hampshire)

    Ex-Waterloo mayor to build homes in Cedar Falls  Aug 12, 2009
    star1234 wrote on Aug 11, 2009 6:35 PM:" What ever happened to working hard, saving your OWN money for a downpayment and buying a house once you could afford it? ". gro wrote on Aug 11, 2009 10:00 PM:" don't worry the buyers still have to get a loan from the bank people with very good credit are still having a bit of trouble with that. ". (Waterloo-Cedar Falls Courier)

    Loans to homebuyers '23% higher'  Aug 12, 2009
    The CML figures showed that the number of loans granted in June to people buying a house was at its highest level since July last year, when the housing market was already entering the doldrums, and amounted to 5. 9bn. (BBC News -- Business)

    • Steve Crump: Growing old and dying while waiting for a cup of coffee  Aug 9, 2009
    As a group, Idahoans approach a fast-food purchase as if they were buying a house: Do I really want pickles. Will I still be happy with pickles in five years. (Burley South Idaho Press, ID)

    2009 Stimulus Bill Tax Breaks  Aug 4, 2009
    The recent stimulus bill offers significant tax savings for many who are buying a house, purchasing a car, or paying for college. The United States Congress recently passed an economic stimulus bill, the American Recovery and Reinvestment Act (ARRA). (Suite101.com)

    Real Estate Outlook: Case-Shiller Reports Reversing  Aug 4, 2009
    So don't sit on the sidelines if you're serious about buying a house this year. Case-Shiller found prices in Cleveland up 4 percent for the month, Dallas up by close to 2 percent, San Francisco, Washington DC and Chicago up by a percent or more. (RealtyTimes)

    Spay Montana helps care for seized dogs in Billings (23)  Aug 3, 2009
    Kennedy, who lives in an apartment, is so serious about adopting Tia and a second dog, Freckles, he s buying a house so he has a place for the dogs to live. In Tia, he will be taking home a much different dog than he first met last winter. (Helena Independent Record)

    Emraan Hashmi fumes; asks 'Am I a terrorist?'  Aug 1, 2009
    Being a celebrity if I'm facing problems in buying a house here, I wonder what kind of problems others would have been facing. All the time we are talking about secularism but with such incidents what secularism are people talking about. (India Times, India)

    First Time Home Owner's Tips  Jul 31, 2009
    Buying a house is a decision that is not to be taken lightly since there are responsibilities and risks involved ... Pros of Buying a House ... Cons of Buying a House. (Suite101.com)

    $100M to Castle Owner for Risky Bets  Jul 29, 2009
    Buying a house has risk are you not suppose to buy one now. Even now locking in a low rate & low price doesnt mean no risk. (CBS News)

    Home sales in Wellesley drop by more than 20 percent  Jul 29, 2009
    Is this the time to be buying a house or is it not. Why do you think Wellesley's sales dropped by so much more than the state's average for the month of June. (Wellesley Townsman, MA)

    Chain offers sense of security  Jul 26, 2009
    "It's the biggest commitment you'll ever make in your life, besides marriage and buying a house. You've got to be totally focused on what you're doing," he said. "You have to do your homework. Every business has got its own quirks, so you've got to figure out what your skill set is and what you think you're capable of doing.". (The Augusta Chronicle)

    City Diaries  Jul 25, 2009
    Yes buying a house is a massive investment and yes the T's & C's are very important - but I also believe that it should just be put in plain language and explained to you in-depth by your mortgage advisor what you are getting into. Think of this as putting a price label on a item in a shop, I know the price, I can see how much I need to pay and if there is a discount that is marked off for me on the label, so again. (BBC News -- Business)

    Stimulus funds give boost to Hopkinton-based coffee business  Jul 23, 2009
    lately, because a woman who had stopped to buy coffee saw her brochure and ended up buying a house from her. Likewise, she gives Red Barn business, meeting her clients there. (Boston Globe)

    The Australian Dream: now or never?  Jul 22, 2009
    You might think now is a bad time to buy, but you may be better off buying a house as soon as you're ready rather than waiting for years for ideal buying conditions. Comments Terms & Conditions. (Sydney Morning Herald -- Business)

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