Architecture is very subjective and pretty personal, but there are some styles that are more popular than others. See more real estate pictures. iStockphoto/Thinkstock If you're thinking about building a house, there's a lot to consider. Although the ranch style home popularized by Frank Lloyd Wright is still a major player, as is the two-story traditional home, recent changes in the way people view a home investment are driving innovations in home design. People are living differently from the way they did even five years ago. The economic downturn has had an impact, but greener consciences are holding sway, too. One of the biggest trends is the downsizing of the American home from a sprawling suburban mansion to something less conspicuous and more energy efficient. Losing space doesn't mean losing number of rooms, though. Where square footage in new home designs may be shrinking by as much as 15 percent, the number of rooms has stayed about the same. If you think small is … [Read more...] about What are the best-selling house plans?
Behind on your mortgage payments and strapped for cash? A short sale can help you avoid foreclosure, but your credit score will still take a hit. Dorgie Productions/Photographer's Choice/Getty Images For most homeowners, receiving a Notice of Default from the bank is a nightmare. Many people in default on their mortgages have been diligent with payments and have excellent credit ratings, and then something unforeseen occurs, like a hardship, loss of assets, loss of a job and flat-out inability to catch up with the payments. If you're dealing with such circumstances, you see that your payment defaults mean that soon, the property will go into foreclosure, and there's nothing you can do about it. Or is there? A pre-foreclosure strategy called a short sale means foreclosure can be avoided and the auction gavel need not lower on your home. When a bank accepts a short sale proposal from a buyer, they're selling the home for less than the actual amount owed on the home, but the … [Read more...] about Will selling your home short ruin your credit?
Start the Countdown Selling your used car has never been easier (or potentially more lucrative) thanks to the Internet. Laoshi/Thinkstock Your car has been good to you, or maybe it hasn't. Either way, now's the time for you to move on. Sure, you could be emotional and sentimental about it (we won't judge) but no matter how many miles the two of you shared or what you named it, when you're selling it, you want to get the most money you can get. It's nothing personal — just business. If you take your car to a dealer, they're just going to turn around and sell it. To maximize his profit, he'll offer you less money. Listing your car online exposes it to a wider audience, which means more people who will potentially want to buy it. Selling a car online isn't without pitfalls, however. Here are ten tips that will help you sell your car online like a pro. 10: List it in the Right Places It used to be that if you wanted to sell a car yourself, your only options were to put … [Read more...] about 10 Tips for Selling a Used Car Online
Insurance companies are quick to write off a car with water damage because the body and other metal parts eventually will start to rust. Chris Sadowski/Getty Images You can sell a car that's been under water — as long as you're honest about it, and the title is branded as a flood salvage. Oh, and as long as you have realistic expectations. Really, though, if your car gets damaged in a flood, take the insurance money and don't look back. Frankly, not many people want a car that's been flooded, which is probably why you're trying to sell yours in the first place. Insurance companies are quick to total a car with water damage because the entire car is often affected. The interior will get musty and, eventually, moldy. The body and other metal parts will start to rust. If the water got inside the engine, it can sometimes be fixed — but only after it's been thoroughly dried out before being started. And even if your engine is salvageable, it's not always possible to save … [Read more...] about Can you sell a car that has been under water?
This might sound funny to anyone who’s ever bought or sold a used car, but honesty really is the best policy. Dimitri Otis/Getty Images In most states, used car sales are understood to be "as is." This means the buyer understands that if something goes wrong after the car is driven away, it's entirely his or her responsibility. That means that, as a seller, you're not responsible for the car after it's sold. However, would-be sellers should understand a couple of important points. First: If your sales contract includes any language describing a warranty or a guarantee on the car, you might be on the hook for anything that goes wrong. As a private seller, you probably aren't in a position to offer any such thing (you're not going to repair the car yourself, right?), so such a guarantee would be an odd benefit to offer. As long as the contract doesn't say you'll take the car back if something goes wrong (and why would you do that?), you're good. Anything that was said during … [Read more...] about How long are you responsible for a car after you sell it?
How long have you been driving around in that same old car? Do you think you want to sell it? There are some decisions you will have to make before you decide to sell your car. Do you want to sell your car over the Internet? On an auction site? Through a newspaper classified? To a dealership? The following information will apply no matter how you decide to sell your car. Before you sell your car, one of the main things you need to understand is your market. Knowing what kind of person would be interested in your car will make it a lot easier to know where to place your advertisements. After you've done your research on the price of your car, you will determine an asking price and write an attention-getting advertisement. You will need to prepare for the sale by washing and detailing your car. It is also important to understand how to negotiate to get the best price, and what to do if you get caught in a car-buying scam. In this article, you will learn what to expect of the … [Read more...] about How Selling a Car Works