What Happens if You Miss a Mortgage Payment?
If you are one of the many Americans who are feeling the pressure in your wallet to choose between which bills to skip this month, you are not alone. Some people choose to skip the mortgage payment. But before you make that final decision, there are several items you should take into account regardi ...
Buy vs Rent a Home
With the recent housing crisis, more people started asking whether buying or renting a home is the better option. While the housing market is on the rise, buying still might not be your best option. Or maybe it is. Before you decide on whether to buy or rent your home, take these pros and cons into ...
Bidding on Your Own Foreclosure
Losing your house to foreclosure can be a terribly challenging and upsetting time for homeowners. But just because the home went up for foreclosure doesn’t mean you have to just walk away from it. Did you know that you can actually bid on your own property at a foreclosure sale? You may be wonder ...
Good Faith Estimate
Anybody who attempted to apply for a loan prior to 2010 knows how vague and difficult it used to be to apply for a loan. With hidden fees and surprise increases that could come months later, it was difficult to make comparisons between different mortgages. But as of January 1st, 2010, this ability t ...
How to Hire a Great Property Management Company
When you begin taking on a lot of rental properties, it can become overwhelming. You may want to turn to a property management company to help you handle the properties, but because these properties are large assets, you can’t just trust anybody with them. So how do you find a great company to trust ...
How to Perform a For Sale by Owner
As the price of real estate companies continues to rise, more homeowners are opting for sale by owner rather than hiring a professional. While this isn’t extremely difficult, there are several items to take into consideration after you have chosen this option. Here are some tips and tricks to help y ...
Things That Have Gone Wrong During a Real Estate Sale
Closing on your home can be a very exciting time, but for many, it can turn into a disaster. What you see isn’t always what you get. So how does this happen? The answer is slightly complicated. When you buy a home, you rely on the real estate agent, home seller and the inspector to be open and ...
How Does the Close-of-Escrow Process Work
Escrow. It is a term we hear often, but what exactly is escrow? According to the Merriam-Webster Dictionary, escrow is defined as a deed, a bond, money, or a piece of property held in trust by a third party to be turned over to the grantee only upon fulfillment of a condition. In the real estate wor ...
Are you Ready to Own Rental Property
With the current state of the housing market seeing a very slow increase, and more people renting than ever, it may seem like the right time to invest in rental property. But most people would be mistaken to think that just because it seems to be the right timing, it is. In fact, when you decide to ...
How Can I Qualify for Any of the Alternatives to Foreclosure?
Whatever financial situation you find yourself in, the most important thing to do when facing foreclosure is focus on how you can stay in your home. There are many alternatives and it’s best to explore them all. However, many require a lengthy process with no shortage of hoops to jump through. One p ...