Depending on how old you are, the value of your home and the area where you live, keeping your mortgage might or might not be a good move. The “Cloud of Debt” A lot of people hate the idea of any debt hanging over their heads and are eager to pay it off early. There […]
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Since the 2008 real estate bubble meltdown, an unprecedented number of Americans have opted to do what’s called “strategic default.” This is when you choose to default on your mortgage not because you can’t afford it, but simply because it makes more financial sense than any of your other options. What specific conditions might warrant […]
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If you’re thinking about selling your house, you might want to wait. Taking just a month or two to improve the value of your home could help you tuck away thousands later down the line. Here are five simple and straightforward things you can do to improve the value of your home before listing. Repaint […]
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Foreclosed homes are always an attraction for real estate investors as well as for people who intend to buy a home to live in. There might be some reasons behind this popularity of foreclosed homes. Other than the possibility of a better deal, there are other advantages of buying foreclosed homes. Read on and find […]
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If you’re “upside-down” on your mortgage, meaning you owe more on your home than the home is worth, what are your options? This is an incredibly common situation in today’s rocky mortgage climate. The upside is that because this issue is so common, there are quite a few options on the table. Here are some […]
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There are also factors that make investing in foreclosed homes something to think carefully about before jumping in. When compared to all of the advantages, the disadvantages involved are only a very small factor. This is why investment in foreclosed homes is still popular. Let’s look at some of the disadvantages involved in buying foreclosed […]
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