Options for Avoiding Foreclosure

-
Home Affordable Refinancing
Many homeowners pay their mortgages on time but are not able to refinance to take advantage of today’s lower mortgage rates perhaps due to a decrease in the value of their home. A Home Affordable Refinance will help borrowers whose loans are held by Fannie Mae or Freddie Mac refinance into a more affordable mortgage.




Many homeowners are struggling to make their monthly mortgage payments perhaps because their interest rate has increased or they have less income. A Home Affordable Modification will provide them with mortgage payments they can afford.



Comments

Post a Comment

Popular posts from this blog

June Is the Best Time to Do These 5 Things

-
Image
Tackle these five summer maintenance tasks during June’s longer days and better weather — and save yourself time and money this winter. #1 Update Outdoor Lighting In June, winter nights are probably the last thing on your mind. But early summer is the perfect time to plan for those “OMG, it’s only 4:30, and it’s already dark” moments by adding or updating landscape lighting. The most energy-efficient, easy-to-install option is solar lighting, but it won’t perform as well on dark or snowy days. For light no matter the weather, install electric. #2 Clean Your House’s Siding With a bit of preventive maintenance, your home’s siding will stay clean and trouble-free for up to 50 years. Fifty years! Clean it this month with a soft cloth or a long-handled, soft-bristle brush to guarantee that longevity. Start at the bottom of the house and work up, rinsing completely before it dries. That’s how you avoid streaks. #3 Focus on Your Foundation There’s no better time for in...
Read more

Small Affordable Home Upgrades for Big Impact

-
Image
Home improvement pros and DIYers tout a fresh coat of paint as a favorite among low-cost home upgrades that can make a huge impact. But what else can you do to accessorize and decorate? Sometimes the little things can make a bigger difference than you might think.  Professionals share the following easy and low-cost home upgrades to add a designer’s touch all around the house. These projects may even help increase your home’s perceived value.  For the Bathroom 1. Frame It Estimated cost: starting around $100 That edgeless, builder-grade mirror hanging above the bathroom vanity may be prime for an update. Measure the mirror and choose from numerous frame styles and materials, like wooden walnut or shiny brass. The frame kit includes clips and metal strips to attach to the existing mirror. A once-forgettable mirror instantly looks customized and styled to the space. 2. Infuse Some Green Estimated cost: $5 and up Simply adding greenery can liven up bathroom spaces and soften hars...
Read more

Home Improvement Projects That Pay Off

-
Image
Big remodeling projects aren't the only way to get a worthwhile return on investment or happiness. H omeowners can get payback and joy from several smaller, lower-dollar-value home improvement projects.  Small projects are suited to DIY, which can save you cash.  Recent research shows that 10% of young millennials, between 23 and 31, want a fixer-upper home where they can work on DIY projects.  Of course, kitchen and bathroom makeovers will always have a place in our hearts (if not our wallets). The following five high-performing projects are significantly less expensive options.  #1 Hardwood Flooring Refinish or Replacement Refinishing hardwood floors is one of the top interior remodeling projects that brings the highest return. Remodelers estimate the cost at $3,400, and REALTORS® estimate the value recovered at $5,000, a whopping 147% return.  With hardwood floors, you get a lot of bang for your buck, they’re not that expensive, and people really like them. ...
Read more