Category: Home Repair Loans

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HUD Requirements For Manufactured Home Foundations
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HUD Requirements For Manufactured Home Foundations

Are you looking to purchase a manufactured “mobile” home and finance it with a FHA loan? Are you looking to refinance your current loan with an FHA loan? If you are, then the foundation of your home will have to be reviewed by a licensed structural engineer to ensure that is complies with HUD requirements...

Renovation Loans: FHA 203(K), Fannie’s Homestyle Renovation Mortgage and Conventional Rehab Loans
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Renovation Loans: FHA 203(K), Fannie’s Homestyle Renovation Mortgage and Conventional Rehab Loans

With a plethora of homes still sold as short sales and foreclosures, renovation loans are increasingly popular with homebuyers. Many family dwellings are being redesigned for additional family members these days. As rental housing costs rise, families decide to live together and save money. There are multiple situations that could apply: boomerang children, aging parents,...

12 Tips to Avoid Foreclosure & Save Your Home
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12 Tips to Avoid Foreclosure & Save Your Home

If you are in danger of facing foreclosure because you have defaulted on your monthly mortgage payments, you must act quickly before it’s too late to negotiate a loan modification, and your home gets sold in a foreclosure auction. You may feel hopeless now, but there is still hope until that auction date arrives. Here...

For Sale By Owner – You Can Do It!
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For Sale By Owner – You Can Do It!

Need to sell your home? In today’s market “for sale by owner” may be the best way to sell. Trust me, it doesn’t take a rocket scientist to be successful at selling your own home. The information in this article may provide you with in-site you may not have had before. You can do it...

Five Reverse Home Mortgage Scams to Watch Out For
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Five Reverse Home Mortgage Scams to Watch Out For

By all accounts, reverse home mortgage growth is set to explode. Baby boomers are reaching retirement and, for most, home equity makes up the largest part of their nest egg. Reverse mortgages will be the tools that many of these retirees will use to tap into this nest egg for retirement living expenses. The number...

The Smart Woman’s Guide to Planning for Retirement by Mary Hunt – Personal Finance Book Review
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The Smart Woman’s Guide to Planning for Retirement by Mary Hunt – Personal Finance Book Review

Money maven, Mary Hunt, returns with a new book, “The Smart Woman’s Guide to Planning for Retirement,” to help women prosper financially in the New Year and beyond. While geared toward females, men can also benefit from Hunt’s money knowledge, honed after she amassed over $100,000 in debt earlier in life; and took 13 years...

What You Must Know To Get Accepted For Credit
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What You Must Know To Get Accepted For Credit

Are you currently wondering why you were rejected from a credit card application you just filled out? What has you really wondering is why you can’t get a credit card with say a limit of $3000 yet you can qualify for a home renovation loan of $19000. Why the heck can you get a large...

Disadvantages of Buying a Fixer Upper
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Disadvantages of Buying a Fixer Upper

You can save money by buying a home that needs a lot of repairs, in addition to the equity that will add up from all your effort and willingness to do all the work yourself. The only problem is that fixing up a home is not physically or financially simple and can test your ability...

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