If you've been denied a mortgage, you may feel like there's no hope for you to ever own your own home. Well, don't despair. There are things you can do to correct the situation and get approved on your next application. First and foremost, you need to understand why you were denied. The lender is required to disclose the reason for their decision within 30 days, but I suggest you speak with them before that and have them explain things to you in detail. You can't fix the prob

As the real estate market shifts from a hot sellers' market to more of a buyers' market, so do the terms we see in the sales contract. For the most part gone are the days of dozens of offers the first day on the market and way over asking price offers. In a hot sellers' market, buyers found themselves in some stiff competition and paying sky high prices to win a contract. But, what are we seeing now that the buyers are getting back in the driver's seat? Contingencies, conting

The real estate market has seen some extremes recently. In the Tampa Bay area the market has certainly cooled since this time last year. I think buyers just don't know if it's a good time to buy. The answer to that question is, as always, very dependent on your situation. For most people thinking of taking the plunge, it comes down to 2 basic questions: What do you think will happen with interest rates? and What do you think will happen with home prices? Let's start with inte