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New Column at Mortgage Lenders Plus.com
Added: 09/19/2006 Type: Summary Viewed: 195 time(s) [ Not Rated Yet ]

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New Column at Mortgage Lenders Plus.com

The housing market is changing, with home sales slowing and prices stable or falling across the country. Mortgage Lenders Plus.com (www.mortgage-lenders-plus.com) now features a new article to address whether it is still possible to make money with homes and property.

The value of a typical existing home has increased more than $100,000 in the past five years, so even if you live in a community where prices have stalled, the odds remain overwhelming that you can still sell at a substantial profit

"The fact that the marketplace is changing does not mean you can't make a profit," says Peter G. Miller, author of The Common-Sense Mortgage and a columnist syndicated in more than 80 newspapers.

"The value of a typical existing home has increased more than $100,000 in the past five years, so even if you live in a community where prices have stalled, the odds remain overwhelming that you can still sell at a substantial profit," Miller explains. "No less important, up to $500,000 if married and $250,000 if single can be sheltered from federal capital gains taxes."

In his latest column for Mortgage Lenders Plus.com, Miller says there are five key strategies to consider in a slowing market. "It's not just today's prices that you have to look at," says Miller, "you also need to think about issues which will impact values in the next few years, that time down the road when today's buyer will be tomorrow's seller."

About Mortgage Lenders Plus.com:
Established in 2000, Mortgage Lenders Plus.com provides a unique online destination for borrowers seeking to finance or refinance real estate. Mortgage loan requests worth nearly $10 billion have been processed on the site, and that number grows each day. The company is not a lender, broker or escrow agent; instead, it provides an unequaled marketplace where you can match your needs and wants with nearly 200 competing mortgage lenders.

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