Forbearance is a temporary postponement of mortgage payments. The lender can grant this option to a borrower instead of forcing the property into foreclosure. The CARES Act provides protections for homeowners with mortgages that are federally or Government Sponsored Enterprise backed or funded such as FHA, VA, USDA, Fannie Mae and Freddie Mac. A mortgageContinue reading “Forbearance is Not Forgiveness”
Monthly Archives: August 2020
Your Guide to Minor Repairs for Your New Home
By Ray Flynn | DiyGuys.net ray.flynn@diyguys.net After spending weeks house hunting, you finally feel like you’ve found the right property, but finding out about a few maintenance issues has left you wondering if you’re making the right decision. Whether you prefer to take on such efforts by yourself or bring in the pros, we’ve gatheredContinue reading “Your Guide to Minor Repairs for Your New Home”
Building a Pool Is Just the Beginning
During the first major stay-at-home event that most of us have experienced in this country, a pool can give you and your family enjoyable recreation without leaving the home. For those without a pool, the NPD group reports that the Covid-19 pandemic has increased pool building by 161% this year. When your children are small,Continue reading “Building a Pool Is Just the Beginning”
Three Reasons to Refinance
Three reasons to refinance a home include lowering the cost of housing, shortening the term of the mortgage to pay it off sooner or to using the equity to accomplish another purpose. Replacing the mortgage at a lower interest rate, which is entirely possible in today’s market, would reduce the payment. On the other hand,Continue reading “Three Reasons to Refinance”
Things Have Changed
The soothsayer in Shakespeare’s Julius Caesar issued his famous warning “Beware the Ides of March.” Who knew that in 2020, around the middle of March, the world, as we knew it, would force such dramatic changes on us from the Coronavirus. In America, it has brought our economy to its knees as we sheltered inContinue reading “Things Have Changed”