How You Can Save Yourself from Foreclosure?If youre facing foreclosure on your home, there is new hope on the horizon. As part of the stimulus program passed by Congress, the Home Affordable Modification program can help you save your home and preserve your credit. Getting the details on this program will help you decide whether or not its for you and give you the information you need to apply for it. Since this bailout program is paid for with...more
If youre a first time homebuyer in Austin, Texas, there are quite a few resources available to you. Buying a home for the first time is very exciting but it can also be a time of confusion and stress. Making a large investment like a home purchase requires a lot of paperwork, approval processes and financial commitments. Fortunately, there are many programs and resources available to help you navigate this uncertain time.Many first time...more
Now that youve found the perfect home for your family, its time to take a look into making sure that your family will enjoy their new home in safety. The majority of accidents that happen to people occur in the safety of your own home; its even easier to suffer some kind of accident when youre newly living in unfamiliar surroundings.One of the most important types of safety equipment that your home should already have installed in it is smoke alarms. New homes may not have had smoke alarms installed in them before the new owners take possession of the home and older homes may have smoke alarms that dont workor dont work very well. Ideally a home should have a smoke detector in all of the main rooms that are shared in the house like living room and kitchen; for the areas in the home with bedrooms, its a good idea to have the detectors in the hall as well as in the rooms because most people sleep with the bedroom door closed.Many smoke alarms now come with a carbon monoxide detector built into it as well which is a great value-added feature.Another area that can cause accidents in a new home due to unfamiliarity is stairs; particularly if you have been living in a single storey home...more
Larger Down PaymentNowadays, its hard to get a lender to approve a 10 percent down payment on a home for sale. Its typical to see 80/20 mortgages around; some even require larger down payments. Offering a large down payment is the common practice of homebuyers today in order to reduce the total amount they need to finance for the property they...more
You know the importance of keeping your Irving home neat and orderly while it is on the market. Youve cleaned, de-cluttered and have given your home a thorough cleaning in anticipation of putting it on the market. However, have you taken the time to peruse your homes surroundings? In particular, have you ignored the outside of your home as your...more
Weve all become quite accustomed to hearing about the dismal real estate market and the countless homes that are sitting on the market, just waiting to be sold.Dont believe everything you hear; at least when it comes to the Dallas-Fort Worth area.New Home Numbers Dwindling, Despite National Housing SlumpFor three, consecutive years, Dallas-Fort Worth builders have sold more homes than theyve built. It seems quite odd, but its true. As the recession took hold and the regional and national real estate started its downward spiral, many of the areas builders simply stopped building.As a result, new home numbers have steadily declined and, when the first of the year rolls around, there may be few, new homes from which to choose. Industry analysts expect that many of the areas builders will need to increase their new home output by 30 to 40 percent just to keep up with their current sales pace.New Construction Drops off as Demand IncreasesMany of the regions real estate agents have seen a steady demand for new homes, but new home construction has backed way off, creating quite a predicament for the better part of next year. In fact, during the last, two years, builders in North Texas...more
If you are planning to buy a property for investment purpose or want to make it your home then foreclosure homes is a great option. Foreclosed properties enable the buyer to make profits as the property is being sold by the lender on default in...more
Foreclosed homes offer the investor to make a profitable investment as the property is up for sale due to the homeowners inability to pay back the secured loan amount. So the lender sells these homes at prices much lesser than the actual value, in...more
Home foreclosures or foreclosed homes are homes that have been taken over by the lender when the homeowner defaults in paying back the availed mortgage loan amount. The number of foreclosed homes for sale has rapidly increased in the past couple of...more
The Obama administration claimed that it is going to lend help to as much as 4 million homeowners to be able to make modifications to their loans. According to the Treasury Department, over 200,000 of these loan modifications are offered to date. ...more
The Obama administration claimed that it is going to lend help to as much as 4 million homeowners to be able to make modifications to their loans. According to the Treasury Department, over 200,000 of these loan modifications are offered to date. ...more
You have de-cluttered your house. You have clipped and mowed your lawn so well it could be on the front cover of Homes Beautiful magazine. You bought a cheery Welcome mat for your front door, inviting potential buyers in where they will see your home...more
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