Southfield Homeowners Association

Real Estate, Property Values and Homeowner Resources

For Sale By Owner: How To Sell Your Own Home

Selling your home on your own can save you thousands of dollars in commissions, but you have to be willing to put in the extra effort. Learn how to go through the “for sale by owner”...

Tags: Homeowner – Staff Pick

Features of Reverse Mortgage Loans

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: Mortgage – Homeowner – Thrifty – Financial

FHA Home for Sale - How to Buy a HUD Home

Almost anyone can buy a FHA foreclosed home, offered by HUD, and usually get a good bargain. What Is a HUD Home? Let's say someone has bought a residential home with a Federal Housing Administration (FHA)...

Tags: HUD Home – Mortgage – Homeowner

FHA Home Loan Financing and Benefits

FHA Home Loan Financing and Benefits FHA home mortages have many advantages from lower downpayments to stronger protections. Benefits of an FHA insured Mortgage How can the FHA help you buy a home? FHA...

Tags: Homeowner – FHA Loan – Mortgage – Thrifty

FHA Mortgage Insurance

Buying a home with an FHA Loan? Putting less than twenty percent down? You will very likely be required to purchase FHA mortgage insurance. What Is FHA Mortgage Insurance and Who Needs It? Mortgage insurance ...

Tags: Homeowner – FHA Loan – Mortgage – Thrifty

What Is A Short Sale?

Short sales are on the rise as foreclosure rates continue to mount. Why? Because homeowners, who have fallen behind on their mortgage payments and have seen the value of their homes drop below the purchase...

Tags: Homeowner – Foreclosure – Mortgage – Staff Pick

Should You Consider Owner Financing?

Owner financing becomes more popular during a slow market, but be sure to do your research first to see if the arrangement is right for you. Owner financing isn’t for everyone, but can offer a number of ...

Tags: Homeowner – Staff Pick

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