The foreclosure rates continue to increase across the country, and many homeowners find themselves in a daily struggle to stay in their homes. Understanding how the foreclosure process works is a good preventative measure.
A slumping real estate market may bring advantages to those looking for that second, or even third, vacation home. But there are downsides to consider as well.
Homeowners expecting that they won’t be able to make their next mortgage payments should not panic. There are steps they can take to avoid a foreclosure.
Before the housing bubble burst and mortgage default rates escalated, a home purchase following bankruptcy was relatively simple. Now lenders are more cautious, but it's still possible to buy a home after bankruptcy with the right preparations.
To help you prepare your taxes, here is an overview of tax credits and deductions you may be able to claim as a homeowner.
If you're thinking about putting your house on the market, or if you want to remodel now with modifications that will pay off when you do sell, you should know what improvements will give you the greatest return on your investment.
A growing family means remodeling existing space, expanding or moving. Checklists and professional input can help you decide which option works best for your family and finances.
A condominium may conjure up pleasant thoughts of a home without the hassles of grounds or exterior maintenance work, but there’s much to consider before entering into condo ownership.
The Federal Emergency Management Agency (FEMA) has placed more than 19,000 communities in the United States into a category of flood zones. Each community is able to participate in the agency's National Flood Insurance Program (NFIP), with premium rates determined by the risks of flooding. To indicate the risks in different parts of the country, FEMA has assigned a character from the alphabet to each zone.
Flooding causes more than 90 percent of all disaster-related property damage in the United States but most homeowner policies do not cover flood damage. Because of this, homeowners need flood insurance -- a special policy backed by the federal government, with cooperation from local communities and private insurance companies.