If foreclosure is looming over you like a black cloud on a sunny day, don’t ignore the rain. Open the letters your lender is sending you and see where you are at in the process. Make sure you find your mortgage documents and read them thoroughly to know what to expect when you don’t make … Continued
Selling your house via the rent to own strategy is a great option for both the buyer and seller. The seller can collect rent and additional monies, and the buyer can try the house for a while. There are 2 different types of rent to own contracts, the option to buy and the agreement to … Continued
If you own real estate, you have probably heard of the MLS. It is a members-only website that is joined by real estate agents in the area. They have a local level, a state level, and a national level. Joining this association designates the agent as a Realtor. They must pay to access this service. … Continued
Divorces are difficult. About forty to fifty percent of marriages ended in divorce last year, and the rate is even higher for subsequent marriages. If you are going through a divorce right now, you are probably wondering what happens to your property after the divorce. Who Keeps The Property? This is something you and your … Continued
We all have rough times every now and again. As a property owner, having a rough time may mean losing the biggest investment of your life: your house. If you are unable to make your mortgage and insurance payments, you are about to be facing foreclosure with your lender if you miss a certain amount … Continued
What is owner financing? This is a type of sale where the owner finances their own buyer or becomes the bank. The owner will usually have similar terms to a bank for a buyer to qualify. They expect a downpayment, interest over a loan, and can also foreclose for non-payment. This is also a great … Continued
When dealing with a probate property in , you may have many questions you would like to have answered. Below, we offer some information about probate properties as well as ways to handle them. What Is Probate? Probate is the legal process following a homeowner’s death if the property was not in a trust or … Continued