Mortgage

A credit score is a three digit number that can potentially affect your life in many ways. It is important to have good credit. Below is a list of some of the many ways that you will be able to benefit from having good credit: Easier To Get A Loan Or Credit Card Many people are afraid to apply for a loan or credit card because they believe that they will get turned down for having a bad credit score. There are many other factors that lenders take into consideration before they decide to…

Renting during an IVA One of the main concerns for anyone entering an IVA is what will happen to their home – whether that’s their own home or a rented property. You will find answers to the most common questions we get asked whether people can rent a property during an IVA below. Will an IVA affect my current rent contract? An IVA shouldn’t affect your current rent contract but we recommend you check your contract just in case there is a clause to say you can’t be insolvent while residing at…

Curb appeal is something homeowners typically only think of when they go to sell their home, yet this is a mistake. Remember the old saying about only have one opportunity to make a first impression, and think about what a home lacking curb appeal says to guests and visitors. Does it suggest the owner is lazy and doesn't care about his or her home? Some may think the person is very busy, yet others may think the owners don't have the money to make improvements. A large part of curb appeal…

Years ago when the real estate market crashed many Americans were effected. Not only people looking for homes but also people that had a job relating to this field. It started making many Americans second-guess their jobs or their life goals. There were also people trying to make money and sell their homes but were not able to because no one was willing to buy. During this time my family was one of the many looking to buy a house and we were put off due to the impact of the crash. While all of…

Home Buyers Guide to Obtaining a Mortgage Congratulations on deciding to purchase your first home! The home buying process is an exciting one and you most likely want to jump right in to searching for your perfect house. While it doesn’t hurt to look, there are some important financial considerations you need to make before landing on the house of your dreams. Chances are, if you are like the majority of people, you will need to obtain a mortgage in order to buy a house. Going through the…

willing to help, I feel that where my family and I live, a house with a driveway off a decently busy road, the practical help from neighbors would not work as well as it did for my grandma who lived in a small neighborhood. 2. What is a reverse mortgage?…

There are three major expenses that go in to buying and maintaining a home. Your on-going costs, closing cost and down payment. Your on-going costs are the the monthly mortgage payments along with the taxes, insurance and maintenance cost of the home. Your down payment is the amount needed in order to get approved for a mortgage loan. Some loans require at least 3% of the purchase price. Finally your closing costs, the fees you have to pony up in order to get into the house which is usually…

Their Own Features The FHA 203(k) loan program solves a difficult problem for first-time home buyers who need a mortgage and a home renovation loan. When buying a home that needs repairs, banks will not grant a mortgage until repairs are complete. But, until you own the home, repairs cannot be made. The FHA 203(k) program is a loan for home renovation combined with an FHA-insured mortgage. This means you make one application and pay one monthly payment. As soon as your loan closes, the portion…

The Orphanage Queen Time passes, year after year and as a result, nothing stays the same. Imagine that you are living with a wealthy standard and all of a sudden all of your happy moments while you were wealthy are gone with the wind. Unexpectedly an opportunity may spark up and take you from poverty to a high living standard again. No matter what we are and what way we are living in we will all return to one condition at the end. Regardless of whether you are rich or poor, in under a second…

A question many homeowners ask is "Do I really need a home warranty?" If you are smart, the answer is yes. Home warranties protect against a number of problems that always seem to arise at the wrong times. Plus, they can end up saving you a ton of money in the long run. Why Is Having A Home Warranty Such a Good Idea? A home warranty offers you protection when you need it most. Appliances break down. Pipes burst. Roofs leak. And these problems can appear at any time. When you have a home…