Real Estate


Real Estate: Investing and Home Buying

Free Advice – Legal Advice Site for Consumers 
FreeAdvice.com is intended to offer the most useful, comprehensive, balanced legal information for the public. The topic of real estate is covered here. 

Nolo – Real Estate & Rental Property
Maintained by the legal publisher Nolo, this web page offers information on real estate topics in lay person language. 

Home Buying – Types of Credit – Mortgages

City of Memphis Down Payment Assistance
“The City of Memphis is providing up to $10,000 to help homebuyers with down payment and closing costs to complete the purchase of a home inside the city limits of Memphis.”

Consumer Handbook on Adjustable Rate Mortgages (ARM)
A handbook from the Federal Reserve Board that explains adjustable rate mortgages (ARMs), loans “with interest rates that change.” Includes descriptions of how ARMs work, questions to consider, a mortgage shopping worksheet and a glossary. Also available in Spanish. 

FDIC: Looking for the Best Mortgage
This site from the Federal Deposit Insurance Corporation offers a clear explanation of how to shop for the best mortgage option. The information is also available in Spanish. 

Freddie Mac
Freddie Mac (Federal Home Loan Mortgage Corporation) is a privately owned corporation, sponsored by the Federal Government, which works to increase the supply of funds available to mortgage lenders. Their website includes a weekly mortgage survey and great information for homebuyers.

FTC Consumer Information – Shopping for a Mortgage
The Federal Trade Commission’s Consumer Information Guide on Homes & Mortgages inclues these guidelines for shopping for a mortgage.

MAAR – Homebuyer Education & Resources
The Memphis Area Association of Realtors website offers “comprehensive information on the home buying process and affordable housing programs and services.”

MortgageLoan
MortgageLoan combines current news and information, mortgage rates, calculators and broker/lender search tools to create an inclusive site for the prospective homebuyer or investor.

The Motley Fool: Home Center
The Motley Fool, a multimedia financial education company, offers a comprehensive overview of the home buying process including reviewing current interest rates, finding the right home, choosing a mortgage, and closing the deal. Particularly helpful is the full range of calculators and the clear explanation of mortgages. 

Reverse Mortgages

AARP: Reverse Mortgages
AARP is a nonprofit membership organization of persons 50 and older dedicated to addressing their needs and interests. The section on Reverse Mortgages provides a comprehensive consumer information tutorial.

SeniorLiving.org
SeniorLiving.org offers an assessment of Reverse Mortgages and how they can be used. It also highlights pitfalls to be avoided, including possible predatory lending as it applies to reverse mortgages. 

See Also:


Print This Page Print This Page