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Archives: March 2010
Will I be able to buy again after losing a home to foreclosure?
It can happen. But a lot will depend on your circumstances and the mortgage interest rate you are willing to pay. Generally, most lenders will consider your request for a home loan two to four years after your foreclosure. Predatory … Read more
March 30, 2010 Posted in Mortgage
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What about a second mortgage?
It is a loan against the equity in your home. Financial institutions will generally let you borrow up to 80 percent of the appraised value of your home, minus the balance on your original mortgage. You may incur all the … Read more
March 12, 2010 Posted in Mortgage
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Teaming up with Your Lender for a Loan Modification
RISMEDIA, February 18, 2009-Suppose you’re behind on your house payments. You dial the phone number on your most recent mortgage statement, clear the usual hurdles, and finally reach someone who understands your situation and offers to help. You are one … Read more
March 8, 2010 Posted in Mortgage
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Tight Credit Stymies Homeowners with Best Intentions to Build Green
RISMEDIA, May 10, 2010—(MCT)—Well-qualified borrowers with sterling credit, Eva and Daryl Lehman didn’t expect to have a problem getting a mortgage when they set out to build their dream home in Wisconsin’s Sheboygan County. They soon found that landing the … Read more
March 8, 2010 Posted in Home Improvement
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How to Avoid Getting Hooked by Debt-Reduction Schemes
RISMEDIA, February 18, 2009-(MCT)-Get rid of debt fast and easy, for pennies on the dollar. If the deal sounds too good to be true … well … you know the drill. As the jobless rate climbs, many people find themselves … Read more
March 6, 2010 Posted in Mortgage
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10 Staging Tips to Help Your Home Sell
RISMEDIA, March 19, 2010—(MCT)—Want to sell your home? Get out the bucket, mop and Mr. Clean. The key to making a positive first impression is simple, said Sandra Rinomato, host of HGTV’s popular “Property Virgins” show. “Get it clean, clean, … Read more
March 1, 2010 Posted in Home Selling
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