Experienced Guidance For Real Estate Closings & Title Services
A loan modification is an opportunity to make changes to a current mortgage. This is different from a refinance, which basically results in replacing a current mortgage with a new one. What are the benefits of a modification? A home loan modification can result in a...
If you find yourself struggling to make mortgage payments know that you are not alone. ATTOM, a business that focuses on providing real estate data, reports that the foreclosure rates continue to increase throughout the country. What are the foreclosure rates in the...
The housing market thrived during the pandemic. People were shifting away from city life to remote work and were looking for homes that could provide work and outdoor space. This, paired with the high taxes of big cities like New York, led many to flee and look for...
Refinancing is a serious decision, and one that is generally not free. In most cases, those who refinance their mortgage will need to pay closing costs that range from 2% to 5%. Even with this in mind, there are times refinancing still makes good financial sense....
Those who are coming out of the aftermath of Hurricane Ian only to find that their home has suffered significant damage or is totaled as a result of the storm may wonder what options are available to help them through this difficult time. There are generally two paths...
The pandemic hit the country hard. People lost jobs or were unable to work and may continue to struggle to find suitable employment. This translates to difficulties making mortgage payments for households throughout the country. To help keep people in their homes,...
The Consumer Financial Protection Bureau reports that more than 11 million families are at risk of losing their homes throughout the country. 2 million homeowners are behind three or more months on their mortgage payment and the agency estimates that homeowners owe...
Homeowners throughout the country continue to fight off foreclosure. Many continue to struggle with finances after the COVID-19 pandemic threw a wrench into their plans. Some had to cut back on work hours, others lost their jobs. Whatever the cause for the financial...
In 2020, the United States suffered one of the worst economic recessions in history. Homeowners facing financial struggles had to request forbearance to pause or reduce mortgage payments temporarily. But forbearance does not last forever. Those who first entered the...
If you are struggling to make mortgage payments, you are not alone. According to a recent estimate from Harvard University, over 2 million homeowners are behind on their mortgages and could soon face the possibility of eviction. Many homeowners were able to hold out...