How To Identify Aluminum Wiring

How To Identify Aluminum Wiring There are problems associated with this wiring due to its brittleness, expansion properties, oxidationissues, and deformity when under stress, known and cold flow.Because of these problems, the connections can become loose, causing electrical arc and ignition ofnearby combustibles which may lead to fires. The Commission has also conducted research thatshows … Read more

Aluminum Wiring Remediation

Aluminum Wiring Remediation When we debated about the convenience of buying a house with aluminum wiring, we considered that if we plan an aluminum wiring remediation process, we would not have any problem buying the house, even with an FHA loan, or selling it. The reason is that after this aluminum wiring remediation we will … Read more

Mortgage Loans

Mortgage Loans Shop for a mortgage A mortgage is a major long-term commitment, so it’s important to shop carefully — you don’t want to overpay for your house every month for the next 30 years. One Stanford University study found that getting at least four quotes for a home loan saved participants over $2,300 in closing costs. … Read more

Streamline Refinance

Streamline Refinance Programs If your existing mortgage is backed by the government, you may be entitled to refinance under a “streamline refinance” program. These cut both the time and the paperwork required, and often make it much easier to get approved because some ignore your employment status, the current market value of your home and … Read more

Mortgage Pre Approval

Mortgage Pre Approval Getting a mortgage pre approval is a crucial stepping stone on your way to becoming a homeowner, but it doesn’t mean you’re in the clear to borrow from a lender just yet. A preapproval does give you a leg up over the competition, though. What is a mortgage preapproval? A mortgage preapproval … Read more

Chapter 7 vs Chapter 13

Differences Between Chapter 7 vs Chapter 13 Differences between chapter 7 vs chapter 13. This guide was created to help explain the different types of bankruptcy, how the process works and the type of consumer who would benefit most from the debt resolution that bankruptcy provides. If you’re considering bankruptcy to get your finances back on … Read more

Costs Of Selling A Home

Costs Of Selling A Home It’s easy to fixate on the money you expect to make as a home seller, but don’t forget the money you’ll need to cover the cost to sell your home. A joint analysis by Thumbtack, a marketplace that connects consumers with local professional services, and real estate marketplace Zillow, found that homeowners … Read more

Closing Costs

Closing Costs When you buy a home, in addition to your down payment, you need to budget for closing costs. Closing costs are the fees paid to third parties that help facilitate the sale of a home. The amount you’ll pay depends on several factors including the price of your home, your lender’s requirements, and … Read more

Freddie Mac vs Fannie Mae

Differences Between Freddie Mac vs Fannie Mae We study here the differences between Freddie Mac vs Fannie Mae. If you’re on the hunt for a new house or have bought one in the past, you’ve probably come across Fannie Mae and Freddie Mac, and wondered what role they might play in helping you move into … Read more

Reasons A Mortgage Loan Is Denied

All The Reasons A Mortgage Loan Is Denied Reasons a mortgage loan is denied. If your mortgage application was denied, know that you aren’t alone. Nearly 11% of mortgage applications were denied in 2021, according to the latest available data from the Consumer Financial Protection Bureau (CFPB). Reasons for a mortgage application denial usually fall into a … Read more