What Does Mortgage Forbearance Mean?

As the pandemic continues to sweep throughout the world, many people have struggled to pay their mortgages. Thankfully, the Coronavirus, Aid, Relief, and Economic Security (CARES) Act established a 12-month maximum mortgage forbearance program for most loans. However, many people still are confused as to what the term means. Here we will explain what mortgage forbearance is and why it might be helpful for you.

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4 Ways to Prepare for Moving Up from a Starter Home

As we transition away from 2020 into the light of the new year, many are considering a move-up from their starter homes. Realtor.com predicts that there will be a housing boom in the spring and summer of 2021, meaning now is a very good time to sell your starter home and look for an upgrade. With many Millennials and Gen Z’ers looking to leave cities for more suburban and rural areas due to working remotely, there will be plenty of demand in 2021. If you are thinking of capitalizing on this upcoming wave of demand, now is the time to start preparing for your move-up.

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Open House Tour Safety Protocols Every Homebuyer Should Consider

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.

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Helpful Tips for Homeowners to Avoid Scams During a Pandemic

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.

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Helpful Tips When Hiring a Home Improvement Contractor

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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What Do Homeowners Need to Know About Home Equity?

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.

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