When Homeowners Insurance Doesn’t Protect You
Many homeowners insurance policies come with hidden, hard-to-understand clauses. The consumer may not even realize their existence until a claim arises. However, by staying informed and keeping all relevant records you will be able to protect your interests in most cases. A homeowners insurance policy will help pay for damages caused by hurricanes or fires. […]
HARP Refinance: Is it the Right Option for You?
The Home Affordable Refinance Program (HARP) was launched in 2009 with the objective of stimulating the economy by giving refinance to homeowners who have been underwater with their mortgage. It was not hugely successful, so it was modified and re-launched in 2012 as HARP 2.0. Of course, HARP 2.0 has been more successful than its […]
Smart Tips for a Smart Homeowner
You have recently become a homeowner and you’re simply loving it. You have your own home and now there’s no landlord having a key to access your home. It’s your own backyard, your own hammock, and your own dining room which you’ve decided to paint bright red! Sure, all these feelings are wonderful. But don’t […]
Fall and Winter Home Maintenance Tips
Now that the colder months are here, it’s a great time to consider doing some maintenance to your home. Not only can you prepare for the winter weather that’s ahead, you can add value to your home by doing the right improvements and fixes. Some home maintenance jobs can be done by you, and some […]
Reasons for Not Refinancing: Look a Little Further
In spite of low rates, many homeowners haven’t refinanced the mortgages on their homes for various reasons. I have some suggestions regarding the steps they can take towards refinancing- if not immediately, at least in the near future. Credit score The first thing that lenders consider whether you’re buying or refinancing is your credit rating. […]
How to Get the Best Refinancing Deal
When homeowners refinance, nine times out of ten their ultimate goal is to save money. On the contrary, the lender’s goal is to make money. The sooner you understand this, the better prepared you will be to refinance and get the best deal. In other words, you are responsible for doing your homework to get […]
Refinancing Q&A
Refinancing should not be a decision that is made lightly. The process takes a lot of time, effort, and patience, and it involves a good amount of research in order to be certain that it is done correctly. The question “Should you refinance?” cannot be answered simply since the answer depends on many different factors. […]
Types of Refinance Mortgages
Refinancing can be tricky business for some homeowners. The most common mistake that most people who are looking to refinance make is failing to understand the refinancing process. Being educated about refinancing can really help you in the long run. Refinancing is an opportunity to take advantage of new, lower rates and save on mortgage […]
Is the Cost of Refinancing Worth It?
Refinancing can be a great move for many homeowners. It can pay off existing mortgages, some closing costs, and can even return equity to you. However, you probably know that there are costs to refinancing that can make you wonder if it’s really worth it in the long run. If you’ve been informed that the […]
Second Mortgages: How to Refinance Them
Refinancing a second mortgage is typically much easier than refinancing a first mortgage. It can be a great idea for many homeowners, while it can be a mistake for others. You must determine whether or not it will cost you more to refinance in the long run versus staying with your current mortgage, especially if […]
