President Obama announced changes to the Making Home Affordable Refinance Program whereby a person can refinance a first mortgage that is upside-down.
If you’re a keen follower of those endless hearings that are conducted in the vast oak-paneled rooms of the United States Senate, you might have heard mention of a September 14, 2011 session held by the Housing, Transportation, and Community Development Subcommittee on Banking, Housing, and Urban Affairs. Among other things, witnesses stated that the US ought to prioritize the development of the Shared Appreciation Mortgage (SAM) as a way to achieve equitable and broad-based refinancing of troubled home loans.
This article is about flipping short sale properties, and the parameters associated with this are much different than other types of property sales and investment and should not be assumed to apply to other, more traditional forms of sales.
For homeowners, the benefits of going green can be numerous and while some of them can cost money up front, there are many advantages to this new environmental movement.
Save money through electricity, commuting, television, electrical appliances, etc are some of the ways. There are many ways that people can save money to buy a home.
mortgage refinancing is the best option, if you need some flexible cash. Loan refinancing is a popular term in good old days and it is the time to re-look this option.
When a homeowner is facing the possibility of foreclosure, they may be able to apply for a deed in lieu foreclosure proceeding that will keep the actual foreclosure from becoming a black eye on their credit report.
We need to educate home owners that home loan is an investment for future. Many potential home owners are postponing their decision to purchase of a home.