When you’re the beneficiary, or inheritor, of a property, you aren’t only dealing with the inherited assets themselves—you’ll also have to deal with the finances and paperwork when inheriting a house.
1. You’re responsible for mortgage payments.
Mortgage loan
If the house isn’t paid off when you inherit it, you’ll have to take over the […]
Understanding real estate contracts
Selling a house can be a complex process, and at the heart of this process lies the real estate contract. When you’re selling your house, you need to understand real estate contracts. In this comprehensive guide, we'll explore everything you need to know about real estate contracts—what they are, what […]
Are cash buyers trustworthy?
Cash house buyers who have an online presence, reviews, and experience are more likely to be legitimate. You can avoid cash home-buyer scams by being cautious when you get an offer you didn’t ask for. Check out the company online to make sure they have experience buying houses and look […]
Facing the foreclosure process head on
No one wants to deal with possible foreclosure, but the reality is that many people do. When income loss or health issues strike, or if a personal situation affects your ability to make payments, it can seem unavoidable. But no matter what your situation might be, you should understand […]
When you plan to sell a house, there are a lot of things to take into consideration, and one of them is to make certain that your house adheres to the Minimum Property Requirements (MPRs). “MPRs” is one of the terms used when selling a house, and it’s an important one to know.
MPRs […]
When it comes to real estate, know the lingo.
When you’re selling your house, you will have no choice but to be inundated with a bunch of unfamiliar real estate vocabulary. And since most homeowners will experience the sale of their house only once to a few times in their lives, it is understandable […]
Be cautious of unsolicited offers.
Unfortunately, real estate scams are becoming more and more common when trying to sell a house. According to Janet Robb, President and CEO of the Better Business Bureau, sometimes offers come unsolicited or even before you’ve put your house up for sale. These offers can seem appealing, especially when […]
What can you do about the abandoned house next door?
An abandoned house in the neighborhood can raise a lot of concerns. It can be an eyesore with peeling paint, overgrown weeds, or broken windows. Or maybe it’s become a target for vandalism or unwanted activity. Whatever the issue, living next to a neglected property […]
If you need help paying your mortgage and bills, you aren’t alone. Nationwide, 3.68% of mortgages (one in every 27) are in default, according to the federal reserve. If you’ve found yourself in an ugly situation and are facing foreclosure, you have several options to save your home.
The first thing you should do is […]
