Financing – Page 11 – CT Homes LLC
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Financing
If you’ve fallen behind on mortgage payments and your lender is threatening foreclosure, don’t panic. You haven't lost your house just yet, and there are several steps you can take to stall or prevent your home from being foreclosed upon. Here are a few worth thinking about:
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Because of their low initial interest rates, adjustable rate mortgages can be enticing to potential homeowners who are looking to finance a house. But are they really a good idea? Well, yes and no. Here are some things to consider before signing for an adjustable rate mortgage (ARM):
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Flipping real estate is a huge investment, both in terms of time and money. If you don't have cash to back up your deal, then you're going to have to find it somewhere. There are a variety of avenues for flippers who are looking to finance a deal, from wholesaling to fixing up a foreclosure....
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You may have a number in mind when you think about the property value of your home, but a local appraiser may have an entirely different idea of what your home is worth. A home appraiser has the power to make a big difference in the value of your home, so learning how they do...
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If you're having trouble paying your mortgage, exploring home loan modifications is something you'll want to consider. In today's housing climate, many people are turning to modifications to save their homes and stop foreclosure. Many companies have been formed to help people deal with the subtleties of these modifications, but not all home loan modifications...
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In the past few years, many families have turned to home loan modifications to help save their home from being repossessed. If you're having difficulty paying your mortgage, modifications may help you avoid the painful foreclosure process. However, make sure you ask yourself the following questions before you start the modification process:
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One way to make a quick buck and have fun doing it is flipping real estate. Rehabbing properties involves buying a home that can use a little work and renovating it to look and feel modern and up to date. Many people wonder if flipping real estate is something that can be done on the...
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It can be challenging (and somewhat scary) to stop foreclosure – you may have to deal with lawyers, bankers and other professionals invading your home and your privacy. In fact, although there are many people who claim they can stop foreclosure, sometimes it can't be avoided. If you're facing foreclosure on your home, there are...
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Real estate investing typically isn't a way to make a quick buck – and neither is a retirement plan. Both are long-term investments that finally bring a payoff at some point down the road. If you're planning for your retirement, you should consider real estate investing as an option to build your retirement portfolio. Here...
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Many families across the country struggle to pay their mortgage, whether because of unemployment or because the payment is simply too high. If you find that you're having problems paying your mortgage (or even just getting the payments in on time), don't give up hope: there are still plenty of options for you.
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