The United States Department of Housing and Urban Development (HUD) insures thousands of home mortgages in Pennsylvania through its FHA organization. When an owner of one of these insured homes fails to make payments and defaults, the lender can foreclose. HUD then often bids on and buys these foreclosed properties. It then turns around and ...
There is plenty of buzz about “reverse mortgages” on television, radio talk-shows, and on the street about this unique financial opportunity for senior citizens. America’s seniors, who have worked hard over the years to build and keep their homes, are intrigued but perhaps skeptical of this opportunity, feeling sometimes that there is a lack of ...
Home loans are required by the individuals for buying real estate property. Home loans are the requirements of residential owners, first homeowners and real estate investors. They are also known as home mortgages. The history of home loans in Australia can be traced back to 1911 when this concept was introduced by the neighbors to ...
A mortgage payment calculator is a great tool to help end confusion when wondering how much your potential mortgage payment will be each month. Mortgage payment calculators use variables such as your mortgage loan amount, the annual interest rate of your mortgage, and the term, or length, of your mortgage to determine what your estimated ...
Like many other American’s at this point, I am feeling the burn of a slow moving economy. I find myself wondering if the Democrats and Republican’s will come to an agreement on the budget before we sail off of the “fiscal cliff” to our dooms. Since I was one of the many people who ...
Philadelphia, Pennsylvania consistently has one of the top 10 populations in the United States. As such, this major Northeast city has a plethora of HUD foreclosures for sale throughout the year. HUD is a federal agency that insures many home mortgages through FHA and then buys some of those properties at foreclosure auctions when the ...