What factors should determine whether I decide to move or remodel?
Your personal needs, preferences and finances are all factors. If you've lived in your home awhile and prefer to stay ...
How long do bankruptcies and foreclosure stay on a credit report?
They can remain on your credit record for seven to 10 years. However, a borrower who has worked hard to ...
Will I be able to buy again after losing a home to foreclosure?
It can happen. But a lot will depend on your circumstances and the mortgage interest rate you are willing to ...
Can a home be sold for less than its mortgage?
Sometimes. But it is a complicated process and a lot will depend on the lender. This process is called a ...
If faced with foreclosure, what are my options?
Talk with your lender immediately. The lender may be able to arrange a repayment plan or the temporary reduction or ...
How can I protect my home from creditors?
Check with your state. It may provide special protection through the filing of a homestead exemption, which exempts some or ...
How bad is a previous foreclosure on credit?
Unfortunately, it is a pretty bad blemish. A property foreclosure is one of the most damaging events in a borrower's ...
How do you clear up bad credit?
It is not easy but certainly doable with both commitment and time. By law, any unfavorable information in your credit ...
How do lenders define bad credit?
It is all those things that appear on your credit report that are unflattering. They include: missing a credit card ...
What if I am turned down for a loan?
Unless your credit is absolutely abysmal - with all kinds of judgements, liens, excessive delinquencies or non-payments, foreclosures and bankruptcies ...
4 Hidden Costs of Homeownership Clients Should Understand
As your client’s guide to the process leading to homeownership, it’s your responsibility to make sure they know what they’re getting into from a financial perspective. Read more.
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