February 2017

Found 3 blog entries for February 2017.

Financing Home After Default There are certain instances in which buying a home may become more complicated, and buying a home after you have had a foreclosure on your credit report is one of them.

Although a lot of lenders see a foreclosures as a significantly negative credit event, there are ways to minimize the effect it has on credit, as well as your ability to buy a home in the future.

1. Common Waiting Periods

It depends on the lending institution, but most lenders set some limits on the length of time that buyers must wait after a foreclosure in order to apply for mortgage financing. The standard waiting period for most conventional loans is seven years, calculated from the time that the foreclosure was completed. That date may fall months or even a year after

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Modern Home Layout For hundreds of years, the typical house was a series of rooms with four walls and a door, and each room could be closed off from the others.

In the days of fireplaces and coal stoves, this made perfect sense: Shutting rooms that weren't in use made it easier to heat the area where people were actually spending time, saving money on fuel and keeping out drafts.

After World War II, however, popular design trends changed. Thousands of new homes sprang up in subdivisions across the country, and they took advantage of stronger structural beams and better central heating systems. These improvements allowed for more open floor plans, which made small houses feel more spacious by eliminating walls between the kitchen and dining area. Once people

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Home Yard in Springtime In most areas of the country, spring and summer are the hottest times to sell (or buy) a home. If you want to make a real splash, you need to get started right away.

These six tips help you to get ahead of the pack and be ready when the home buyers come calling.

1. Plan Upgrades Early

If you want to make some upgrades to your home, you may need the help of a contractor to do the heavy lifting and professional repairs. However, if you wait until March or April to schedule a two-week project, you may find that all the best contractors are booked solid until July. You will be competing with general home remodeling projects as well as people who are getting ready to sell, and it is typically first-come, first-serve.

Anything that requires

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