Home elevator installations are growing in popularity, driven by an aging population and more cost-friendly installation options. According to the National Association of Home Builders, about 12 percent of recent or prospective homebuyers, up from eight percent in 2004, consider home elevators a desirable or essential feature. However, many homeowners are unaware of proper installation practices or how to protect …
In today’s world of slow, and often robotized, customer service, it can be frustrating to deal with long wait times or unhelpful agents on the other side of the line. This article summarizes nine things you can do to save yourself time and anger when dealing over the phone with your bank’s customer service department. Key Takeaways: http://www.realestateproarticles.com/Art/45571/265/Wrangling-the-Foreclosure-Network-Getting-Through-Customer-Service.html Alliance Credit …
An FHA mortgage can get you into a new home – even if you have bad credit – because the loans are insured by the federal government. If you’ve had accounts forwarded to collections, have filed bankruptcy in the past, or even have high debt, you still may qualify for an FHA mortgage. These loans can work for you even …
Your credit history is a key financial chapter of your life. It’s your own financial diary; it tells the story of your relationships with all your financial creditors. Don’t leave it by the wayside, and don’t be surprised when you miss out on a job or loan. Be alert. Be proactive. Understand that in this day and age, to do …
Water has a unique property in that it expands as it freezes. This expansion puts tremendous pressure on whatever is containing it, including metal or plastic pipes. No matter the “strength” of a container, expanding water can cause pipes to break. Pipes that freeze most frequently are those that are exposed to severe cold, like outdoor hose bibs, swimming pool …
There are pros and cons to getting a home equity loan. Some of the positives are that they easier to apply for, you can deduct the interest on your taxes, interest rates are often lower and you have access to a large amount of money. Some of the cons are that you end up owing a lot of money and …
This marks the sixth straight year that home sales have risen year over year, which many characterize as a sign that the local housing market has ended its rebound and started healthy growth. Meanwhile, in the weeks since the presidential election, mortgage rates in the U.S. have reached an 18-month high (4.08 percent for a 30-year fixed and 3.34 percent …
A home equity loan is a type of loan in which the borrower uses the equity of his or her home as collateral. The loan amount is determined by the value of the property, and the value of the property is determined by an appraiser from the lending institution. Home equity loans are often used to finance major expenses such …
It’s not wise to make any huge purchases or move your money around three to six months before buying a new home. You don’t want to take any big chances with your credit profile. Lenders need to see that you’re reliable and they want a complete paper trail so that they can get you the best loan possible. Key Takeaways: …
There is a specific difference between a home equity loan and a home equity line of credit. A HELOC is a line of revolving credit with an adjustable interest rate whereas a home equity loan is a one-time lump-sum. With a HELOC the borrower can choose when and how often to borrow against the equity in the property, with the …