All Posts in Home Refinance

FHA 203k Mortgages and Underwater Properties – Is There Hope?

June 8, 2011

One of the best parts of FHA 203k mortgages is that overnight your property can “Poof” have equity! Who would have thought that was possible in this real estate environment – not most people, so let me explain in detail how this works. Current Home Specs and Estimated Value You own a home that is […]

FHA 203k Mortgage-The Quarterback (QB)- Part 1

May 22, 2011

Peyton Manning? Are you serious? Yep – I am. I am personally a Philadelphia Eagles fan, but for the purposes of this blog and what I am going to be showing you during my next few blogs I need you to understand my point. Peyton Manning is the true general on the football field.  There […]

Protect yourself from being a Victim of an Unethical Contractor

May 17, 2011

We have all heard the horror stories of people taken advantage of by contractors. There are steps that you can take to make sure that you do not become another victim of a unethical contractor. You can look to your state and local government for regulating contractors that operate within their jurisdiction. As with any law, […]

What to consider before your next home improvement project

May 10, 2011

A major thing to consider these days before starting your next home improvement project is if the cost to do the work will be reflected in your home’s value. This is even a more important if you think you may be listing your home for sale in the near future. Who is doing the actual […]

“No closing costs loans” explained

May 9, 2011

  Did you know that one of the popular loans right now is the 30 year fixed “no closing costs loan“. Some lenders want you to think it’s a magic trick. Today I’m going to reveal to you how it’s done. Here’s how it works. The loans come at a slightly higher interest rate and […]

Mortgage Insurance – When Can it Be Cancelled?

May 8, 2011

If you have a conventional mortgage, and put less than 20% down when you purchased your home (or less than 20% equity when you refinanced your home) your monthly payment includes “mortgage insurance“. Depending on your interest rate, for a 30- year term mortgage and if you put 5% down payment, it will take approximately […]

FHA 203k Mortgages and Underwater Properties – Is there hope?

May 3, 2011

One of the best parts of FHA 203k mortgages is that overnight your property can “Poof” have equity! Who would have thought that is possible in this real estate environment – not most people, so let me explain in detail how this works. Current Home Specs and Estimated Value You own a home that is […]

What isn’t covered by your Homeowners Insurance Policy??

April 25, 2011

A lot of homeowners today have no idea what exactly is covered under their Homeowners Insurance Policy. Most of the time this is a last minute item that they pay for prior to their loan closing. A major misconception about these policies is that almost every repair that is needed is covered. This could not […]

Flood Insurance – A Guide to the Facts

April 25, 2011

Flood insurance is often disregarded as a viable option for coverage. If you live in a high-risk flood area, though, it is a mandatory purchase. High-risk flood areas are designated as Special Flood Hazard Areas (SFHAs). These areas are defined as an area of land that has a 1% chance of being inundated by a […]

How Does Your Real Estate Tax Bill Compare To Other Parts Of The Country?

April 7, 2011

Mortgage rates may be a function of free markets, but real estate taxes are a function of government. And, depending on where you live, your annual real estate tax bill could be high, low, or practically non-existent. Compiling data from the 2009 American Community Survey, the Tax Foundation, a non-partisan educational organization in Washington D.C., […]

« Previous PageNext Page »