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Reverse mortgage: the pros and cons
Fhahomesm Reverse mortgages can offer extra cash for seniors, but there are drawbacks. Learn what you should take into consideration before taking out a reverse mortgage. Seniors are feeling just as cash-strapped as...
Tags: HomeownerMortgageStaff Pick
Features of Reverse Mortgage Loans
Housequestionthumb A reverse mortgage is special type of loan for senior homeowners that use a home's equity as collateral and you do not have to repay the loan as long as this home remains your principal residence. Because a...
Tags: MortgageHomeownerThriftyFinancial
Do You Need an Attorney if You Are Buying or Selling a Home?
Peoplepaperwork120 Paying an attorney for a couple of visits before all of the paperwork is signed may be worth the expense. Before You Sign, Call an Attorney Buying or selling a home has become a streamlined process where...
Tags: HomeownerLawyer
$8,000 First Time Home Buyers Tax Credit
Tax_returnsm Who qualifies for the $8,000 first time homebuyers tax credit and the details of how first-time homebuyers can qualify for this unprecedented opportunity are the subjects of this article. The Tax Credit for...
FHA Loan Requirements Are Changing
Fha FHA reform is changing the rules for securing an FHA-insured mortgage loan, but FHA loans still provide the best opportunity for those who don’t meet the requirements of a traditional home loan. By now...
Tags: Staff PickFHA LoanHomeowner
Does Mortgage Aid Hurt Your Credit Score?
Home-in-lifesaversm Homeowners seeking mortgage help through loan modification programs such as HAMP and HAFA, may face another issue—lower credit scores. Loan Modification and Credit Scores Homeowners on the verge of...
Tags: HomeownerCreditMortgageForeclosure
How Landlords Can Use Credit Scoring to Make Rental Decisions
Creditscore_th Many landlords don't realize that they can quickly and easily review the Credit History of prospective renters by ordering credit reports (and criminal background checks) online. When a property manager...
Tags: HomeownerFinancialRenters

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