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Monday, September 24, 2007

House Flipping Info - New Article on Flipping

Thanks to all of the house flipping programs on TLC, HGTV and elsewhere, flipping houses is still extremely popular among seasoned home buyers / real estate investors.

At the Home Buying Institute, one of our "marching orders" is to give people what they want, in terms of information and resources. So we have posted a couple of new articles on the topic of house flipping:

Is Flipping Good or Bad?House flippers disagree. They contend that by buying, for example, decaying houses in nice neighborhoods, they are helping beautify the place. The renovated houses not only add beauty to the locale, it also adds to the location's market value. Flippers also say that they get minimal profit in their investment.

House Flipping Info For New Investors
Contrary to the popular notion that flipping requires a lot of start-up money, you can easily begin investing in house flipping business with absolutely no down payment. It can be done through several loan programs and help from sellers regarding the closing costs.

We hope you flip out over these articles on flipping. If there is another home buying topic you would like to see on this website, please let us know.

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Wednesday, September 19, 2007

Home Buying Checklist - New Article

We've just posted a new article to the checklist section of the main website. This new article outlines seven specific actions a first-time home buyer should take ... before they even begin shopping for a home.

We felt this type of article was necessary, because many first-time home buyers mistakenly believe that the buying process starts when they begin house hunting. In reality, the process should begin long before this. You need to have your financial "house" in order before you begin shopping for a new home.

For example, here are some of the prescribed steps in the new article:

1. Learn the home buying steps
2. Review your debt-to-income ratio.
3. Set your home buying budget.
4. Start saving your cash.
5. Review your credit report.
6. Fix credit errors quickly.
7. Get pre-approved for a loan.

To learn more about these home buying steps, read the new article below:
Home-Buying Checklist for First-Time Home Buyers

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