- HAFA provides new short sale and deed-in-lieu options
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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...
- Does Mortgage Aid Hurt Your Credit Score?
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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...
- Why Is My Basement Damp?
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Why Is My Basement Damp?
The source of your problem could be a water leak or high humidity. Both can lead to mold, mildew, or other biological growth. Depending on the severity, conditions can lead...
- Reverse mortgage: the pros and cons
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Reverse mortgages can offer extra cash for seniors, but there are drawbacks. Learn what you should take into consideration before taking out a reverse mortgage.
Seniors are feeling just as cash-strapped as...
- How Much Mortgage Can I Afford?
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A home, whether suburban house, urban condo, or rural ranch, is the largest purchase most Americans will ever make. Now that the country is starting to recover from the booming and busting of the housing...
- Obama Loan Modification Plan Explained
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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...
- Selling Your Home? Try These Creative Strategies
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Gone are the days when all it took to sell a house was a “for sale” sign in the front yard. Here are five creative strategies to help your home go from “for sale” to “sold.”
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