Owning a home can be a very rewarding experience, but it can also come with headaches involving taxes, permits, upkeep and repair, fees, insurance and more. Look for more information here in our articles, blog posts, videos and radio shows about what it means to be a homeowner.
High Home Values And Low Interest Rates
With the Federal Reserve holding interest rates low, mortgage loan rates are also low. As a result more home buyers are buying homes and demand for homes is increasing. Home values are rising but by how much depends on what region of the country you're in. Economists expect interest rates to stay low for the next year or so.
Reverse Mortgages For Seniors On Fixed Income
A reverse mortgage can be a good option for seniors on a fixed income. A reverse mortgage allows a home owner over age 62 to use his home's value to get a loan in a lump sum or monthly payments. The home owner doesn't pay anything back on the reverse mortgage until he moves out or sells it. Several book and websites offer information on reverse mortgages and mortgage lenders.
Home Improvement Can Become Ongoing Home Repair
What starts out as a home renovation or home improvement project can become an ongoing home repair. Not long after you complete your home improvement project, your home may again begin to show signs of wear and tear. Should you keep making home improvements or home repairs?
Keeping Your Home Out Of Foreclosure
Although it may seem that lenders are quick to foreclose on a home, mortgage experts say foreclosure is an expensive, time-consuming process for lenders. If you are in danger of not making a payment to your lender, or if you are struggling to pay all of your bills, there are some ways you can avoid foreclosure and work out a different payment plan with your lender. The most important thing you can do is not avoid the problem; take action on your situation.
Twelve Ways To Save Your Homeowners’ Insurance
In the aftermath of the terrorist attacks a year ago, the nation's insurance companies took a look at their books -- and realized they were taking a big hit on many homeowner's insurance policies. As a result, premiums have gone up and coverage has been denied more often. Here are the best ways to find homeowner's insurance and save money when you buy it.
Going From Homeowner To Home Seller
If buying a home seems scary, selling has the potential to really turn your world upside down. If you're going to sell, you'll have to separate from your home - and the sooner the better. Until you do, you'll remain a homeowner rather than a home seller.
Playground Design Resources Online For School Or Home
Learn about some web sites you can consult if you're designing a playground for your home backyard or at your child's school. Playground design should incorporate safety features.
Spread The Word: Your House Is For Sale
Before you list your home for sale, or shortly thereafter, you should enlist your neighbors' help in finding a buyer for your property. They can be the best source of marketing for your for sale property because they already like living in the neighborhood. Even though you've hired an agent, plan on spending a good deal of time letting everyone you know that your home is for sale.