As with any item in your life that costs a lot of money, insurance is needed to protect it. From your car to your body, insurance keeps you from paying full price when something goes wrong. Mortgage insurance exists so that the lender is protected when something goes wrong. They are reimbursed for their losses […]
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Condominiums & Federal Home Loans
Do you love the concept of living in an apartment building where you’re close to neighbors, have community resources, and maintenance taken care of for you? Do you also love the concept of owning a property and being done paying for it after a time period of 15 to 30 years? Federal home loans are […]
Read MoreTackling the Sarcasm of Mortgages
A lot of people make jokes about how the price of every day items is going up. Coffee, hand bags, dinners out of the house, video game systems, and trips to Disney are all subject to the “I need a mortgage to do this” joke. At FedHome Loan Centers, we thought it would be funny […]
Read MoreUgly Houses & 203k Home Loans
Real estate is an adventurous business. People are all fundamentally different and therefore, their living spaces or specific needs for a home will match this diversity. What happens, then, when a home being sold is cosmetically ugly, or even in disgustingly bad shape? This is where Leif Swanson comes in. Leif is part of the Realty […]
Read MoreHomes for the Retired
If you are coming up on retirement, you have lots of planning to do for the best years of your life. Though the process can be tedious, it’s also fun to think about what lies ahead. One of your primary questions will be if you want to continue to live where you currently reside. Many […]
Read MoreForeclosure is NOT Your Last Option
Some people with mortgages these days find themselves a victim of the current economy and unable to pay their loans. Sometimes, they can even be underwater on their loans to the point where a refinance doesn’t help. As of April 3rd of 2015, the U.S. Bureau of Labor Statistics said that the unemployment rate was at […]
Read MoreCelebration, Florida: The Disney PUD with a Bad Rap
There are many people who likely haven’t heard of Celebration, Florida. There are some who know it as “the town that Disney built,” with hidden Mickey Mouse logos in the power lines and a night time view of the Magic Kingdom’s fireworks every night. Then, there are the myriad of articles online when you Google […]
Read MoreThings You May Not Know About the FHA Home Loan
The FHA home loan from the Federal Housing Administration is one of the most readily available federal home loans in America. Civilians living anywhere in the country have access to the program, versus having to be military affiliated for the VA home loan, or being in a rural (sometimes suburban) community for the USDA home […]
Read MoreFICO versus VantageScore
It’s the question that makes some consumers nervous. “What is your credit score?” Some do not know their credit score. Some wish it were better. Many do not know there is a specific score you need to know in order to qualify for a home loan. The main credit scoring system people will be familiar […]
Read MoreCosmetic Issues? Your Realtor® Should Take a Tissue
Let’s face it – American society is really focused on the notion of beauty and youth. Cosmetics to keep you looking young. Vitamins to keep you feeling young. New cars. Capped teeth. Trendy diets, juicing and cleansing. It’s hard to get away from. Now you want to buy a home, or you want to sell […]
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