What Is A Short Sale?

Nobody enters into a mortgage assuming they are going to fall short on their payments; however, life happens and borrowers might need a way out. In serious situations, lenders may elect to foreclose on homeowners who are unable to make their mortgage payments. Fortunately, there might be another way out. This is called a short sale. A short sale can be used to help homeowners who are struggling cater to those who are looking to buy a home. At the same time, there are risks to both parties. Therefore, there are a few important points to keep in mind. What…
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Why Buying A Home In An Adjacent Area To The Best Neighborhood Is A Wise Strategy

Have you ever seen a scientific experiment with things growing in a Petri dish? This is a metaphor for how neighborhoods grow as well. Things in a Petri dish grow towards the areas that have more nutrition to attract them and repel from areas that have bad things that they do not want. A popular neighborhood does a similar thing. It may have boundaries that are certain street or other physical barriers. Nevertheless, if the area builds its popularity, it tends to grow and might also cause an improvement in the surrounding areas. Homes In Adjacent Neighborhoods An adjacent neighborhood…
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The Basic Home Security Checklist Every Home Needs

Did you realize that only around 17 percent of the homes in the United States have a security system? Leaving your residence unprotected can come back to haunt you in the future. The longer you wait to find and fix security problems, the harder you will find it to keep your family safe. Taking the time to inspect your home is a great way to see where security problems exist. With the help of the checklist in this article, you can secure your home and keep burglars at bay. Check Your Existing Security Alarm If your home does have a…
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What’s Ahead For Mortgage Rates This Week – January 6th, 2020

Last week’s economic reports included readings from Case-Schiller Home Price Indices and National Association of  Realtors® data on pending home sales. The Conference Board of the U.S. Senate also released its Consumer Confidence Index. Weekly readings on mortgage rates and first-time jobless claims were also released. Case-Shiller Reports 0.10 Percent Uptick in National  Home Price Index The National Home Price Index issued by Case-Shiller for October reported a year-over-year increase of 3.20 percent in home prices. Case-Shiller’s 20-City Home Price Index reflected the influence of low inventories of affordable homes as pricey metro areas reported slower growth if not declines…
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3 Critical Considerations When You Choose Your Garage Doors

Owning property comes with a number of major responsibilities. This includes home maintenance and repairs. One of the common topics that people think about is the garage door. Sometimes, the garage door breaks and needs to be replaced. Other people might be adding a garage door for the first time. There are lots of options to choose from and this is an important decision. There are a number of factors that people need to consider when trying to decide on a garage door. The Material First, people need to think about what their garage door is going to be made…
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