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Owning Your Home

House Record

Saturday, March 1st, 2008

   Members of the Housing Authority purchased by homeowner insurance or tenant insurance, the scope of protection will be included inside the article, the future if the unfortunate event of fire or theft encountered thieves, can be compensated for losses from the insurance companies, but to seek compensation from the insurance companies, we must have [...]

Can a home seller sell a home for less than its mortgage?

Sunday, January 27th, 2008

Yes, in some case you can sell your home for less than what you still owe on the mortgage. But it is complicated and depends on the lender. This situation is known as a “short sale.” Sometimes a lender will be willing to split the difference between the sale price and loan amount, which still [...]