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...
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...
The FHA 203K loan program is designed to help finance the rehabilitation and repair of run-down properties. It has been utilized as a primary tool in revitalizing run down neighborhoods.
What is the FHA ...
Description of Program
The Manufactured Housing Program is a consumer protection program that regulates the construction of certain factory built housing units, called manufactured homes, formerly known ...
Homeowners seeking mortgage help through loan modification programs such as HAMP and HAFA, may face another issue—lower credit scores.
Loan Modification and Credit Scores
Homeowners on the verge of...
Offering owner financing for the sale of your home can be a scary proposition, but there are ways to reduce your risk.
Offering owner financing to a potential buyer of your home can provide you with an...
If your home value is dropping but your property taxes are not, you can appeal the assessed value of your home which may help lower your taxes.
Property values are down, so why doesn’t your property tax ...