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What Is A Deed-In-Lieu?
Houseseathumb There are unprecedented numbers of families faced with the possibility of foreclosure. A foreclosure-in-the-making situation looks something like this: you are financially strapped, have missed consecutive...
HAFA provides new short sale and deed-in-lieu options
Lifepreservermoneysm A new federal government program, called Home Affordable Foreclosure Alternatives, encourages lenders to pursue alternatives to foreclosure. Millions Facing Foreclosure No homeowner wants to face...
Tags: HAFAHomeownerForeclosureStaff Pick
Do You Qualify for an FHA Loan?
0403 FHA loans are the easiest type of real estate mortgage loan to qualify for. The FHA guidelines for loan qualification are the most flexible of all mortgage loans and require less than 5% down payment. FHA...
Tags: FHA LoanThriftyMortgageStaff PickHomeowner
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
How To Save On Closing Costs
Homecashsm Many are shocked when they learn how much they owe to close on their mortgage. But there are ways to save before you sign on the dotted line. Closing costs seem to be a necessary evil when securing a new, or...
Tags: HomeownerStaff Pick
Should you refinance your home mortgage?
Housequestionsm Learn about the mortgage refinance process, if you qualify to refinance your home loan, and whether or not refinancing might benefit you. The recession may be over, but most Americans wouldn’t know it....
Should You Consider Owner Financing?
Owsm Owner financing becomes more popular during a slow market, but be sure to do your research first to see if the arrangement is right for you. Owner financing isn’t for everyone, but can offer a number of ...
Tags: HomeownerStaff Pick

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