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Should I Take Out a Reverse Mortgage?

October 6, 2017

There is no right or wrong answer to this question. Many people regard reverse mortgages as a universally harmful product, but this simply is not true. There are scenarios in which taking out this type of loan is in the homeowner’s best interest. Even in these scenarios, it is important that the homeowner takes the […]

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How Can I Avoid Facing Foreclosure on My Home?

June 1, 2017

When a homeowner cannot make his or her mortgage payments, the lender may begin the foreclosure process. This is the process through which the lender takes possession of the property. It can be a long, stressful process for all parties involved, including the lender. Homeowners can avoid foreclosure through a few different strategies. If you […]

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When Can I Back Out of a Purchase Contract for a Home?

December 28, 2016

When you make an offer on a home for sale, the seller has the option to accept your offer, reject it, or propose a counteroffer, which may be a different price or include contingencies. Once you and the seller agree to a price and a set of contingencies for the sale, you sign a legally […]

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I am Behind on My Mortgage Payments: How Can I Keep My House?

February 18, 2016

If you have been notified by your mortgage lender that you are behind on your payments or that it has begun the foreclosure process, you are probably worried that you could lose your home. Losing your home could mean losing a significant investment as well as putting yourself and your family at risk of becoming […]

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