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Meghan Busch

Economy

Real Estate Down Payment: Gone in 60 Seconds?

by Meghan Busch | February 8, 2009

So, a few weeks back I wrote a post “How Far Down Can My Savings Go For a Down Payment” discussing just how much first-time home buyers need to have in the bank for a down payment. And I received a few great comments. One in particular asked, “What happened to 15 – 20% equity…?”
This got [...]

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Real Estate

Getting Back to Basics

by Meghan Busch | January 19, 2009

As we go into this new year, maybe it’s time to think about how the generations before us embraced the basics. The simple life. What if we veered away from the McMansions and get back to the 2-3 bedroom ranch.

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Real Estate

How Far Down Can My Savings Go for a Down Payment?

by Meghan Busch | January 13, 2009

A couple weeks ago in the post, “Would I, Could I, in a House?” we talked about the proverbial housing market stars aligning: Low Down Payments on FHA loans, Low Mortgage Interest Rates, and Low Housing Prices. On account of which I’ve been more purchase-minded.
Inundated with “Information”
Being a first-time buyer (or, house-hunter I should say), I’ve sniffed [...]

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Commentary

Would I, Could I, in a House?

by Meghan Busch | December 21, 2008

With the Fed cutting the Fed Funds Rate to, er… 0 to .25% (Free money—Wee!) and mortgage interest rates and housing prices falling like St. Nick down the flue—well, not quite as quickly, and for the mortgage interest rates, not quite as steep—somebody’s gotta take advantage. Could it be me?
I’m not a homeowner. Right [...]

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Real Estate

Appraise This: An Examination of Real Estate Appraisals

by Meghan Busch | December 12, 2008

Note: The ring above is not the ring in question.
When something bad happens, we want someone to blame. Yesterday I dropped my husband’s wedding ring into my favorite crystal glass for safekeeping while he was doing handy work, and the glass broke under the weight of the ring. Frustrated and heart broken, I wanted to [...]

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Mortgages & Lending

Reverse Mortgage Malarkey – When Equity Equals Inheritance Who’s Looking Out For Who?

by Meghan Busch | November 9, 2008

With the market’s level of volatility similar to that of a six-year-old at a candy store, it’s no real surprise that the reverse mortgage market is booming. Okay, maybe ‘booming’ is generous, but let’s say relative to the reverse mortgage market’s performance pre-market-downturn… a few more nodding heads are certainly evident.
Retirees (or should-be retirees) who’ve [...]

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