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FAQs About Buying HUD Homes
House_th In the current economic envirionment, there are some incredible deals on HUD homes. This article will answer all your questions on the hows and wherefores of buying a HUD home. Question 1: What is a "HUD...
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Pros And Cons Of Owner Financing
Mcsm Find out the possible advantages and disadvantages of an owner-financing arrangement for both the home seller and potential buyer. If you’re considering entering into an owner-financing arrangement for...
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Obama Mortgage Rescue Plan FAQ
Lifepreservermoneysm Loan modification and loan refinancing are two components that make up the Obama Foreclosure prevention plan. This FAQ will help you determine if qualify and what you need to do. Obama's Making Home...
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...
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HUD Manufactured Home Fact Sheet
Mobil_th 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 ...
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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...
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FHA Refinance Loan Options and Guidelines
Fharefism There are two possible scenarios when considering an FHA refinance. Both of these scenarios are based on what kind of current loan you are trying to refinance. FHA Refinance First Step The first step in...

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