Think Twice Before You do These Home Renovations
Renovating your home can definitely be hard work! But it's best not to complicate things more than they need to be. You can run into legal issues if you don't consult your local homeowners'...
View ArticleReverse Mortgage Complaints Increasing
Reverse mortgages can look fabulous because these kinds of mortgages give you money instead of requiring you to make monthly payments on them. However, recently several complaints have cropped up about...
View ArticleMortgage Complaints Aimed at Big Banks
People often have problems paying off their mortgages or sending their payments in on time. Sometimes, loan terms or interest rates need to be adjusted. Banks usually receive complaints about...
View ArticleIs Pre-Purchase Counseling the best Option for People Looking into Mortgage...
There is definitely a benefit with pre-purchase counseling. Many people default on their home loans and have negative experiences due to ignorance about the process of buying a home. However, with the...
View ArticleDoes Renting Out a Home to a Family Member in Need Count as a Rental or a...
Sometimes, family members experience trouble and need the assistance of other family members during their time of need. Since you don't want to put undue stress on them, most people won't rent out...
View ArticleAn Unsettling Mortgage Practice has Become Disturbing to Lenders
Usually, people need to take out property insurance in case of the event significant damage occurs to their home. However, sometimes lender take these matters into their own hands when the borrower...
View ArticlePayments don’t Necessarily End after Foreclosure
People think that, after their house has foreclosed, they won't need to pay anymore. This is not true if a homeowner's mortgage balance was not covered during a foreclosure auction. There is a law in...
View ArticleHistoric Mansion has been Sold for $100 at a Foreclosure Auction
This beautiful, historic mansion was sold for $100 at a foreclosure auction to a law firm, which is a subsidiary of a company called CareOne. This mansion was built in the 1890's and is a major...
View ArticleNew Law in Chicago that Better Protects Tenants
When a homeowner has their property foreclosed upon them, it can be very bad news to anyone who happens to be one of their tenants. In Chicago, the City Council addressed this problem by signing a bill...
View ArticleNeighbors Can Help You Get Your House Sold
Neighbors who do not take care of their properties can drive your house's selling price down by about 13 percent. People do not like the site of trashy neighbors so they might not think the house is...
View ArticleTwo Simple Strategies that Can Help You Invest More Wisely
It's good to have a few investments because they can really help increase personal income. Many people invest in the stock market. It is important to remember that the stock market is quite volatile....
View ArticleFree Credit Score Reports
Are credit score reports really free? Sometimes, a company that seems to want to help you actually doesn't. Many "free" credit score providers may actually force you into paying a fee the month after...
View ArticleThe Amount of Debt the Average American Carries Has Increased
Debt is becoming a major problem for the average American even though the number of households carrying debt has decreased in the last decade. The average American household debt has gone up by 37...
View ArticleSelling a House or Renting it Out?
Renting out a property can be difficult but the same goes for selling it. Before you decide to rent out or sell a property, it is best to learn the best ways to do so. You want to gain as much profit...
View ArticleHow Good You Are at Math Can Determine Whether You Default on A Mortgage or Not
A study done discovered that those who are bad at math are more likely to default on their mortgages than those who weren't as bad at math. People who are bad at math are more likely to make poor...
View ArticleSingapore Has Become a Popular Place for Businesses
Singapore is both a city and a country, which makes this place particularly strange. It also boasts low office rents and plenty of commercial space to go around. Singapore has become a popular...
View ArticleHow to Make Small Bedrooms Appear Livable to Potential Homebuyers
It is not hard to decorate small bedrooms because of the small amount of space you have to work. Functionality needs to be emphasized with small bedrooms and not luxury.You can do this any number of...
View ArticleTaking out Small Mortgage Loans
Sometimes, people want to take out mortgage loans that are about or under $50K because their house isn't worth that much. People sometimes also want to refinance only a small part of their house....
View ArticlePre-Mortgage Credit Checks
Before a borrower's home loan is finalized, a lender will do another inspection of their credit. Large purchases cause new balances to be added to a borrower's credit history, which may be bad for a...
View ArticleThe Foreclosure Rate is Declining
The foreclosure rate has seen to be declining rather than increasing. This is because the economy has been steadily improving as of late; the recession was about five years ago. Banks have also been...
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