admin On Today’s article is a guest post from MortgageWiki.org. Tax Deductions for a Second Home Have you recently purchased a second home and are unsure about how to add this information to your tax return? Investing in additional property, whether it is for residential or vacation purposes, is an excellent idea for families who travel frequently. AndContinue Reading
admin On This article is a guest post from the website mortgagewiki.org. You can visit their website to read guides and tips for homeowners, and potential home buyers. How to Get a Mortgage With A Bad Credit Score Having a bad credit score makes it much harder for anyone to apply, and get approved for a homeContinue Reading
admin On Washington D.C. Foreclosure Timeline The District of Columbia (Washington D.C.) has a non-judicial process. For foreclosure to occur, a “power of sale” clause must be included in the loan documents that authorizes the mortgage company to sell the property if the homeowner is in default. The power of sale clause may specify the time, placeContinue Reading
admin On Maryland Foreclosure Timeline & Process In Maryland, foreclosure is conducted either of two ways: 1.) Judicial home foreclosure (through the courts) 2.) Non-judicial process if a “power of sale” clause is included in the mortgage documents or deed of trust. In a “power of sale” clause, the homeowner pre-authorizes the mortgage company or lender toContinue Reading
admin On Virginia Foreclosure Timeline & Process Mortgage payment is due 1st of the month. Most lenders give a 15-day grace period for homeowners to send in the payment before the payment is considered delinquent. Day 17, a late charge notice will be issued to the homeowner. The homeowner will be charged a late fee and possibly otherContinue Reading
