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Real Estate, Property Values and Homeowner Resources

What Is A Short Sale?
Graphthumb Short sales are on the rise as foreclosure rates continue to mount. Why? Because homeowners, who have fallen behind on their mortgage payments and have seen the value of their homes drop below the purchase...
Features of Reverse Mortgage Loans
Housequestionthumb A reverse mortgage is special type of loan for senior homeowners that use a home's equity as collateral and you do not have to repay the loan as long as this home remains your principal residence. Because a...
Tags: MortgageHomeownerThriftyFinancial
What is Foreclosure?
Foreclosurethumb In order to purchase your house you probably had to borrow money from lending institution (bank, mortgage company, etc). When you signed the load documents you agreed that in the event you cannot make your...
Obama Loan Modification Plan Explained
Pastduesm The key components of Obama's foreclosure-avoidance program are loan modification and loan refinancing. The details of this provision has created an extraordinary opportunity for millions of people to either...
Tags: HomeownerThriftyMortgageStaff Pick
Do You Need an Attorney if You Are Buying or Selling a Home?
Peoplepaperwork120 Paying an attorney for a couple of visits before all of the paperwork is signed may be worth the expense. Before You Sign, Call an Attorney Buying or selling a home has become a streamlined process where...
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Eco-Friendly Home Flooring Options
Cork2sm More and more homeowners and buyers are looking for homes that have eco-friendly features. Flooring for your home now comes in many options that are both beautiful and environmentally responsible. When...
Tags: Staff PickHomeowner
FHA Streamline Refinance
Fha The FHA has had a program involving streamlined refinance options since early 1980s. The programs is designed for less documentation and a speedier approval process. What is the FHA Streamline Refinance...
Tags: HomeownerFHA LoanMortgageThriftyStaff Pick

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