Property survey
Facing Foreclosure? Understanding the Consequences of Mortgage Default
Facing foreclosure? Understanding the consequences of mortgage default. If you default on the loan, the lender will issue a foreclosure notice. Here are its consequences.
When you default on a mortgage, it means you cannot make the agreed-upon payments on your home loan. This could translate to a major problem – you risk losing your dream house.
So, why do people let it come to this? It’s not because they are bad at managing money. It’s usually because of circumstances beyond their control. Maybe you lost your job, ...
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Taking over mortgage payments
Navigating the Process of Taking Over a Family Member's Mortgage
Are you considering taking over mortgage payments from a family member? Read on to learn about the process and the challenges that may come your way.
Deed-Restricted House
A Quick Guide to Securing a Mortgage for a Deed-Restricted House
Purchasing a home is one of the most significant financial decisions many people make during their lives. One option that may present itself when searching for a home is to buy a property in a deed-restricted community. This guide will provide an overview of how to secure a mortgage for a deed-restricted house, covering several essential topics. Stay with us to learn more. Get A Free Mortgage Quote What Is a Deed-Restricted Community? A deed-restricted community is a neighborhood or d
7/6 ARM
Is a 7/6 ARM Right for You? Pros and Cons of Adjustable Rate Mortgages
7/6 ARM mortgages are a flexible option for homebuyers. Read on to discover the benefits and considerations of this adjustable-rate mortgage.
Mortgage Contingency
Understanding Mortgage Contingency When Buying a Real Estate Property
If you're in the market for a new home, you've probably come across the term "contingency" in the context of real estate transactions. In particular, a "mortgage contingency" is a crucial concept to grasp before you embark on the journey of purchasing a property. This article aims to provide a comprehensive understanding of what mortgage contingency means and its significance in the home-buying process. Get A Free Mortgage Quote What Does Contingent Mean in Real Estate? In the realm
what is pre-foreclosure
Buying a Home in Pre-Foreclosure -Opportunities and Risks for Investors
Pre-foreclosure properties are becoming popular among savvy investors seeking a bargain in the market. But what is pre-foreclosure, and how can investors benefit from this unique opportunity financially? Are there any risks involved? In this quick guide, we'll discuss the potential opportunities and risks investors should consider before purchasing pre-foreclosure properties. Get A Free Mortgage Quote Understanding Pre-Foreclosure Foreclosure occurs when a homeowner defaults on their
Condo vs coop
Condo vs Co-op Mortgages - Key Differences and Considerations for Owners & Investors
In this article, we will explore the key differences between condo and co-op mortgages, shedding light on their definitions, the fundamental distinctions between the two, and considerations for potential owners and investors.
what is a real estate broker
The Role of a Real Estate Broker in Your Home Buying or Selling Process
A real estate broker acts as an intermediary between home buyers and sellers. Click here to learn the role of a real estate broker in a home buying or selling process.
Home Insurance Companies
4 Ways Real Estate Agents Support Home Insurance Companies
The real estate industry in the United States is witnessing a remarkable surge in the number of real estate agents associated with the National Association for Realtors (NAR). According to a recent survey in January 2023, this number has reached 1.5 million, showing steady growth since 2012. But a question arises - what does a real estate agent do for you and for insurance companies? Get A Free Mortgage Quote Source: Statista In the thriving real estate industry, real estate agents pl
FHA construction loan
Pros and Cons of FHA Construction Loans for First-Time Homeowners
Are you an aspiring first-time homeowner eager to bring your dream home to life? Perhaps you’ve already started exploring your mortgage options. The Federal Housing Administration offers construction loans specifically tailored to first-time homeowners’ needs and circumstances. However, like any mortgage product, these loans come with their set of pros and cons. Therefore, in this post, we’ll walk you through FHA construction loans and their benefits and drawbacks. With our insights, you can de
Fundamentals
Exploring the Pros and Cons of Electric Cars
In this article, we've rounded up a list of the pros and cons of electric cars.
Fundamentals
What Does Homeowners Insurance Cover?
Learn about the coverage you get with home insurance and how to lower the cost.
Fundamentals
Does Home Insurance Cover Mold Removal?
This article will explore the complex relationship between home insurance and mold removal.
Fundamentals
What Is Homeowners Insurance?
Learn the basics of homeowners insurance, such as policy options, cost, if it is required, and more details.
Buying a Home
What Is a Special Warranty Deed?
In real estate transactions, a special (limited) warranty deed provides a medium level of protection to the buyer.
Green Living
5 Simple Ways You Can Reduce Your Carbon Footprint Today
Combat climate change with these easy and eco-friendly tips.
Green Living
RV and Skoolie Owners Are Hitting the Road Using Solar Energy Panels
Glamping has officially become more independent with solar energy panels.
Solar News
3 Solar Panel Trends for 2023
Where is the renewable energy market headed?
Solar Incentives
Your Guide to $0 Down Solar Panel Installations and “Free” Solar Panels
Learn more about $0 down solar panels and the myth behind “free” solar panels.
Solar Basics
Don't Fall for These 5 Solar Scams
What to watch for when you upgrade your home to affordable solar energy.
