Resources

For most people, a home is the largest investment of their lives. For many, buying a foreclosed home or one in need of significant repair is a way to save money on this monumental purchase. To save even more money, the buyer can purchase the house with an FHA 203k loan, a loan that can […]

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 […]

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 […]

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 […]