Part of being a responsible homeowner is learning how to care for your home - after all, it's the biggest investment you'll make in a lifetime and the quickest way to build wealth. From minor repairs to upgrading your windows – we're going to explore your options.
Are You a First Time Buyer?
Make a Wish List- Do you need a Realtor?
- Get Qualified and Pre-Approved
- Learn about Mortgage Loan Products
Editors Topics
| Buy a House or Start a College Fund Buy a House or Start a College Fund? Questions like these – among a boat load of others – are starting to weigh on the minds of today's Baby-Boomers who like us, either feel guilty for not having started a coll [ ... ] |
| Other Articles |
Home Improvement & Remodeling
The Home Improvement Energy Tax Credit Ends December 31
Homeowners have been making a mad dash to local home improvement stores to take advantage of the tax credit for home improvements. What qualifies for the program...
Read about the program
Credit & Financial Matters
How is your credit score calculated?
A Short Review of How your Credit Score is Calculated
The Fair Credit Reporting System and Accurate Transaction Act developed a formula that will rate every credit consumer’s spending history with a personal Credit Score.
These scammers are unconscious to morals or integrity and make their living from vulnerable and helpless homeowners in trouble.
If you are in doubt about an agency - contact the U.S. Dept. of HUD or Home ownership Preservation Foundation at 888-995-HOPE - these government agencies are available to help consumers get modifications or prevent foreclosures.
Remember, no one should be charging you a fee or guarantee a loan modification - especially up-front fees.
These scammers will present themselves to you as"specialists" so they can justify high fees
Some of them will pose as government arms or community resources as they include words like "Hope" in their business name.
Be aware of the Lease/Buy Back program - where you will be deceived into signing over your deed to one of these companies on the pretense that you will be able to live in the home and purchase it back at a later time. In reality the contracts are so convoluted that it becomes impossible to maintain the agreement and the homeowner losses everything. Or - the scammers walk off with a few rental payments from the homeowner and never pay the mortgage - Eventually the mortgage company evicts the residents.
If you realize that you cannot maintain your home with your present income and foresee no future increases in your income, then sell your home now to protect your future credit. Your mortgage company may be interested in working with you to prevent future late payments, legal fees or credit reporting damages to your name.
Deed in Lieu of Foreclosure - It's possible to discuss transferring the deed to your mortgage lender if they agree to forgive the entire debt. Remember - you give up the equity in your home.
The team at CasaNuevaGuide.com recommends that you follow up with your mortgage service provider to ensure any company you choose to work with outside the mortgage firm is a legimate agency and that the plan they are discussing with you is one that actually exists.
Neighborhoods & New Home Communities
| A Glance at the Aldine Area in North Houston Aldine, Texas Area Community Centers Melrose Community Center - 1001 Canino Road, Houston, TX - (281) 447-051 Empowerment Community Center - 8333 Sweetwater Lane Houston, TX, (281) 591-8800 [ ... ] |
Construction Underway On Highland Homes Model In West Ranch Construction is underway for Highland Homes’ new model in West Ranch, Friendswood Development Company’s master-planned community located just off FM 518 in the exemplary rated Friendswood Independent School District. The [ ... ] | Other Articles | ||
