Statistics tell us that, nationally, about 25% of homeowners owe more than their house is worth in today’s market. Obviously this means that the majority of them are not going to want to sell their home, as they would have to take money to the closing table to clear the balance on their loan. But some home owners do not have a choice on whether or not to sell: they [...]
The Shenandoah Valley is a beautiful venue all year around, but one of the best times to visit is in the Spring when the redbud trees are at their peak. This time of year is celebrated by the annual Redbud Festival in Browntown, VA. The festival starts at 9:00 a.m. on Sunday, April 22, 2012, and it has something for everyone. One of the biggest attractions of the day is [...]
When people think about upgrading their home they usually think about a home equity loan, but there is an alternative that can be more attractive – a FHA 203k loan. A FHA 203k loan can be anywhere from a minimum of $5,000 to a maximum of $35,000 and it can cover a wide range of updating and/or repairs to your home. It can also be used to buy a property [...]