WLOX-TV and WLOX.com - Building South Mississippi Together |Your Home: Real Estate Matters

Seven red flags for home buyers

This list of red flags can help you identify potentially pricey problems. You can use your observations to winnow your choices when you negotiate price with the seller.

Take advantage of extended home buyers' tax credits Video included

Congress has extended the tax credit for first-time homebuyers into 2010 and added a new credit for those who have previously owned a home. Here is what you need to know.

Looking to refinance? Watch your credit score

Thinking again refinancing your mortgage? If your credit score isn’t stellar, think again. Home mortgage lenders use credit scores when determining refinance eligibility.

Are you living house poor?

The number of households paying more than 50% of their monthly income toward housing was 18.5 million -- over 100% more than the 8.9 million in 1991.

Expanded Recovery Act tax credits help homeowners winterize their homes, save energy

According to the IRS, homeowners making energy-saving improvements this fall can cut their winter heating bills and lower their 2009 tax bill as well.

The difficulties of land speculation

For small-scale real estate investors, land speculation is an expensive and risky investment. Here are a few reasons investors should ask questions first and buy later.

Without life insurance, is your home mortgage secure?

The death of a loved one is a horrible experience, but if he or she passed away without life insurance, the financial chaos that follows can make the grieving process even worse.

Last chance to take advantage of first-time homebuyer tax credit

This year's first-time homebuyer tax credit of $8,000 expires on Dec. 1, meaning buyers must close on a home by then to qualify for the credit.

How property taxes are calculated

To make sure that you are not being overcharged on property taxes, it's important to understand how they are calculated and how property values are determined.

Slash your utility bills: power up on your own Video included

Now is a great time to upgrade your house to use less energy -- and maybe even generate your own.

Back-to-school apartment hunting tips

For those students who are new to renting, here are a few tips from Rent.com to help make your apartment search both successful and stress-free.

Eleven mistakes inexperienced landlords make

While it may sound easy -- buy a home, make a few renovations and rent it out for a profit -- managing your properties requires the mindset of a business professional.

IRS warns taxpayers to beware of first-time homebuyer credit fraud Video included

The IRS has announced its first prosecution related to fraud involving the first-time homebuyer credit and warned taxpayers to beware of this type of scheme.

Home insurance costs have yet to follow home prices lower

While home values have declined steeply over the last two years, homeowners have not seen their insurance costs follow the same downward trend. Here's why.

Prepare for hurricanes by safeguarding tax records

With the 2009 hurricane season now underway, the Internal Revenue Service encourages individuals and businesses to safeguard themselves by taking a few simple steps.

Wildfires: What homeowners need to know

The more you know and understand about the causes of wildfires, the better you can protect yourself, your family and your home from wildfire loss and injury.

The timing has never been better for average families to start using alternative energy in their own homes. The key is to find out what type of green energy is right for you.

Buying a gut-job

Gut-jobs are becoming more popular as the country's housing stock ages, and as homeowners migrate to established neighborhoods but still crave the modern amenities found in new homes.

Money-saving tips around the house

With the economy being what it is, everyone's looking to cut costs. And as it turns out, making simple changes around the house is one of the best ways to save money.

Saving Money in Your First Apartment

Living on your own for the first time can be exciting but the new expenses can be daunting.  Here are some easy ways to save on housing, food transportation, and socializing. 

Check here to find helpful consumer web links and the latest consumer news from the Associated Press.

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