The 4 Stages Of Wealth Building As A Homeowner

One of the primary objectives of owning a home is to let the home appreciate over time and become a pillar of a family’s financial strength. But before we can discuss “wealth”,we need to identify the stages to get there. Stage 1

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Foreclosure Effect On Credit | Foreclosure Black-List You From Ever Owning Again?

Freddie Mac has released a series of (excellent) videos designed to de-bunk the top Foreclosure Myths. Myth 1:If my house is foreclosed,I can never buy a house again — the foreclosure will stay on my record forever. Truth 1:Foreclosure can have a devastating effect on your finances and you personally,but you can recover. Use the time after foreclosure to prepare yourself for successful homeownership the second time around by creating a spending and savings plan and rebuilding your credit.

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Dressing Your House for Sales Success

As important a landmark as buying a home is in people’s lives,you’d be surprised at how much of it can turn on snap decisions. If you’re selling a house you’ll have to put careful thought into customers’first impressions,because many sales will be made or lost before they reach the front door – or as soon as they walk through it.

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March 2011
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