Many borrowers are considering a “cash-out” loan. Utilizing your home equity through cash-out refinancing could be a viable option if you want to add to your family’s finances during the current Coronavirus pandemic.
More homebuyers are now ready to attend open houses compared with those who rely on virtual home tours. Although virtual tours are convenient and safe in this time of the coronavirus disease of 2019 (COVID-19) pandemic, attending an open house in-person lets homebuyers get to experience what it feels like while inside the home that they want to buy.
Staying at home may significantly reduce your chances of getting infected by the Coronavirus Disease of 2019 (COVID-19). As you stay in the comfort of your home, you might be at risk of falling victim to scams. This is especially true if you’re one of the millions of people who lost their jobs and fearing that you could miss your mortgage payments in the coming months.
Are you considering a Forbearance on your mortgage even though you may have considerable assets or equity in your home? Please understand the impacts of Forbearance on your financial future before making this critical decision.
The new coronavirus disease of 2019, or COVID-19, continues to plague homeowners nationwide. The Federal National Mortgage Association (a.k.a. Fannie Mae) offers mortgage relief options to homeowners who have been affected by the pandemic disease.
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.
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.
Aside from having a comfortable shelter for the family, building home equity is one of several reasons why many people buy a home. Over the years, homeowners who dutifully repay their monthly mortgage in a timely manner should know that they can reap the rewards on their investment especially during this time that the country’s housing industry continues to get better.
As a first-time homeowner with a mortgage, you have a monthly obligation to repay the loan you took to buy your dream home. A mortgage servicer could be the company that receives your monthly payments. During the term of your mortgage, the servicer where you send your monthly payments might change. Don’t be alarmed if this happens. Here are the things you need to expect when your current servicer transfers your mortgage to another company:
When selling a home, it’s important that you have stunning pictures of your property that you can upload on listing sites. You often don’t have to worry about real estate photography if you’re working with an agent or a broker. However, in a “For Sale By Owner” (FSBO) transaction where you chose to sell your property by yourself, you have two options to get decent photos of your property: You either hire a professional photographer or use your resources and take photos by yourself.