Heathers Cove

Real Estate, Property Values and Homeowner Resources

What is a Reverse Mortgage?

Reverse mortgages are a way for seniors to get cash from their homes without having to sell them and move, or borrow against them and make monthly loan repayments. They are a great way for homeowners who are...

Tags: Mortgage – Staff Pick – Homeowner – Thrifty – Financial

Rural Single Family Home Loans

Section 502 loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare...

Tags: Financial – Homeowner – Rural

203k FHA Loan FAQ

The FHA 203K program has been utilized as a primary tool in revitalizing run down properties and neighborhoods. This FAQ will answer many questions that a prospective buyer might have. What is the FHA 203K...

Tags: Homeowner – FHA Loan – Mortgage – 203K

Selecting a Home Improvement Contractor

Selecting a Contractor Home improvements and repairs can cost thousands of dollars and are the subject of frequent complaints. When selecting a contractor: Get recommendations and references. Talk to...

Tags: Homeowner – Consumer Information – Home-Improvement

Owner Financing: How To Reduce Your Risk

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...

Tags: Homeowner – Staff Pick

FHA Home for Sale - How to Buy a HUD Home

Almost anyone can buy a FHA foreclosed home, offered by HUD, and usually get a good bargain. What Is a HUD Home? Let's say someone has bought a residential home with a Federal Housing Administration (FHA)...

Tags: HUD Home – Mortgage – Homeowner

Features of Reverse Mortgage Loans

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: Mortgage – Homeowner – Thrifty – Financial

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