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.
Do you know when you feel yourself getting over a cold? It’s when you can finally get out of bed and walk around without a Kleenex in your hand. You’re not 100%, but hey, you’re active, getting in the car, playing with the kids, and suddenly you see the light of big breaths at the end of dark, mucus-filled days (I know, the irony of starting this post off with a cold analogy). As we enter the start of June, there are signs that the worst of the coronavirus shutdowns and the economic impact may be over. For example, we saw an increase in new home sales for April, well above expectations. In addition, more people applied to open new businesses. Two great things!
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.
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.
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.
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.
New homeowners should know that accidental fires can strike anytime even during the cold months and it can cause serious structural damage to their homes. If you just moved into a new home with your family, it’s critical that you understand what may cause winter fires so that you can practice safety measures to keep your family and home safe.
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: