Spring is that time of the year when every family member becomes busy decluttering and improving the home. Spring cleaning not only benefits the home, but some experts even suggest that homeowners also benefit from doing the annual practice. However, households could suffer physical injuries when cleaning. Homeowners may want to consider some safety tips for an enjoyable spring cleaning with the family.
The Coronavirus disease of 2019, or COVID-19, has become a pandemic after the World Health Organization (WHO) acknowledged its rapid spread worldwide. Like in any other country, the U.S. government is also taking action to mitigate its impact on every family and to the economy.
Mortgage forbearance is an option available for U.S. homeowners who temporarily could not pay their monthly mortgage. Homeowners in the U.S. who are experiencing financial hardships as a result of the pandemic coronavirus disease, or COVID-19, were recently encouraged to get in touch with their respective mortgage servicers to possibly prevent losing their homes.
Home sellers currently have the upper hand in the housing market because of the prevailing low housing inventory on one hand and price gains on the other hand. As a homeowner, you may want to take advantage of the current housing market condition to sell your current property and find another one that you can call “home”. You need to act efficiently if you have plans of putting your home in the market. Here are the smart strategies you may want to consider so your family can have a smooth transition.
Serious homebuyers know that getting a pre-approval from a mortgage lender is the first important step before they go out to the market and look for their dream homes. Pre-approval helps homebuyers determine the amount they could borrow to buy a home. Most sellers accept offers from homebuyers who have already been pre-approved by a mortgage lender.
Making home improvements is one of the benefits of homeownership. After a few years of comfortable living, you may want to do some renovations or remodeling to make your home even more comfortable and to reflect your lifestyle. Hiring a home improvement contractor could be a convenient option for those who don’t have the time or necessary skills needed to complete a project. If you’re considering hiring a home improvement contractor, there are helpful tips you may want to consider to ensure your hard-earned money doesn’t go to fraudulent individuals who might offer you renovation or remodeling services.
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First-time homebuyers who already have a mortgage pre-approval may find it frustrating if they find a property they can call “home” but never receive any word from a seller after sending an offer letter for the house. It’s no surprise if sellers receive a lot of house offer letters as the inventory of listed homes reaches an all-time low. In this situation, homebuyers should write a compelling house offer letter to possibly convince the seller to accept their offer. Home sellers might have varying factors when choosing a buyer who would occupy their once beloved home, but there are things homebuyers could do when writing an offer.
The U.S. Department of Veterans Affairs (VA) offers home loan benefits for eligible veterans. These benefits could be extended to the surviving spouses of veterans in the unfortunate event of their demise. As a surviving spouse of a veteran planning to get a VA-backed home loan for the first time, here are the important things you need to know:
For most people, fulfilling the American dream of homeownership could be very complicated and stressful. This is because the homebuying process involves several entities, strict requirements and deadlines to meet. An escrow company is one of several entities that perform a critical role in ensuring a smooth homebuying transaction.