Summer Wood Home Owners Association

Real Estate, Property Values and Homeowner Resources

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

How To Buy A Short Sale Property

You’ll need time and the right temperament to purchase a short sale property, but you could save thousands if you do. It’s no secret that some great real estate deals are out there, thanks to our...

Tags: Staff Pick – Association

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

203k FHA Loan FAQ

The FHA 203K program has been utilized as a primary tool in revitalizing run down properties and neighborhoods. This FAQ will answer many questions that a prospective buyer might have. What is the FHA 203K...

Tags: Homeowner – FHA Loan – Mortgage – 203K

What is Foreclosure?

In order to purchase your house you probably had to borrow money from lending institution (bank, mortgage company, etc). When you signed the load documents you agreed that in the event you cannot make your...

Tags: Financial – Thrifty – Credit – Foreclosure – Mortgage – Staff Pick – Association

How To Save On Closing Costs

Many are shocked when they learn how much they owe to close on their mortgage. But there are ways to save before you sign on the dotted line. Closing costs seem to be a necessary evil when securing a new, or...

Tags: Homeowner – Staff Pick

Does Mortgage Aid Hurt Your Credit Score?

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: Homeowner – Credit – Mortgage – Foreclosure

More Homeowner and Real Estate articles »