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Tag: Housing Counseling

Understanding The Pros And Cons Of Adjustable And Fixed Rate Mortgages

In the realm of home financing, one of the pivotal decisions prospective homeowners face is whether to opt for an adjustable-rate mortgage (ARM) or a fixed-rate mortgage (FRM). Both options come with distinct advantages and drawbacks, and understanding them thoroughly is crucial for making an informed choice that aligns with your financial goals and circumstances.┬áLet’s […]

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Veterans Day Savings and Freebies: Honoring Those Who Served

Veterans Day, observed on November 11th, is dedicated to honoring and expressing gratitude to the brave men and women who have served in the United States military. It’s a time to recognize their sacrifices, resilience, and unwavering dedication to protecting our nation’s freedom. In the spirit of appreciation, many businesses and organizations across the country […]

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What Is A Housing Counseling Session And How Can It Help You?

One of the major decisions to make in your life is the choice of housing. Should you rent or buy? This is a long-term commitment, and it comes with lots of responsibilities. You must avoid making costly mistakes on matters that are concerned with housing, and you must be keen to realize optimal outcomes. This […]

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Six Important Documents Filed In A Foreclosure Proceeding

A foreclosure proceeding is a legal process that allows homeowners to catch up on delinquent mortgage payments. In addition to the mortgage payments in arrears, other charges may be attached to the mortgage. These additional charges must also be paid in full before the title of ownership of the property can be transferred back to […]

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What Are The Pros And Cons Of Getting A Reverse Mortgage?

If you have a mortgage, you may have heard about a way to have a mortgage loan that requires no payment. This may sound surreal, but it is known as a reverse mortgage. As opposed to the traditional mortgage loan that is repaid over time, the reverse mortgage is designed for the homeowner to receive […]

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How To Fight & Win Against A Home Foreclosure

Today people have been increasingly struggling to keep up with their mortgage payments. Even if you’re not one of them, you may know someone facing a home foreclosure. With almost every state declaring a foreclosure crisis, knowing how to fight and win against home foreclosure is essential. Foreclosure is not something that happens overnight. Many […]

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5 Big Mistakes To Avoid As A First-Time Home Buyer

Every year, millions of Americans buy a house for the first time. This is called being a “First-Time Home Buyer” and it can be a very exciting time in your life. Your family can enjoy the new space together on many occasions. The problem with this concept, though, is that there are hundreds of mistakes […]

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Where Can I Find Free HUD Approved Foreclosure Prevention Counseling?

Owning a home can be a gratifying experience in the life of many people. While homeownership can be an emotionally rewarding experience for an individual or family, it can sometimes be difficult to manage some of the financial matters associated with owning a home. These difficulties may lead to a foreclosure. We’re going to explain […]

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What Are The Pros & Cons Of Paying To Lock In Mortgage Rates?

There are pros and cons to consider when it comes to locking in mortgage rates. On the one hand, paying to lock in a rate can provide peace of mind and protection from rising rates. On the other hand, there is always the potential that rates could fall after you’ve locked in, leaving you with […]

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Is A Wave Of Foreclosures Coming In The Near Future?

With the arrival of the COVID-19 pandemic, the past year for most homeowners has been anything but ordinary. The unemployment rate has skyrocketed, and many people have been worried about reaching a point where they’ll be unable to make their mortgage payments. For many people, foreclosures could be happening in the near future. While government […]

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