Maria Patterson

You can get a home loan from several different sources—a credit union, commercial bank, mortgage company, finance company, government agency,...

A lot will depend on the length of time you plan to live in the home, other financial obligations, and...

Your real estate agent has information on lender loan requirements and will be able to calculate a rough monthly figure...

A mortgage makes homeownership possible for most people. In the simplest terms, it is a loan that is secured by...

If you have the cash or can qualify for a mortgage, you can buy a HUD home. Down payments vary...

The Department of Housing and Urban Development (HUD) acquires properties from lenders who foreclose on mortgages that it insures. These...

Buying directly at a legal foreclosure sale can be risky. Among the disadvantages: There is no financing. You need cash,...

Look in the legal notices section of your local newspaper and online. A notice is also usually posted on the...

A lender decides to foreclose on, or repossess, a property when the owner fails to pay the mortgage. Unfortunately, thousands...

You can find out more about an existing property and neighborhood before you buy than you can a new home...