7 Ways to Prevent Foreclosure
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 […]
Top 10 Most Expensive Home Repairs
Experts estimate that the average annual cost of home maintenance and repair is 2-4% percent of a home’s value. So, for a $200,000 home, that’s up to $8,000 in repairs per year, on average. With that in mind, here’s what you need to know about the most costly home repairs. Electrical Replacements: $125 – $3,000 […]
What happens to a house in probate?
A house can avoid probate if it’s automatically passed on to survivors via a living trust, joint ownership, community property law, or transfer-on-death deed. If it doesn’t fall into one of these exceptions, the general rule is that if someone dies and owns real estate, any property they own is headed for some kind of […]