Posts Categorized: Homeownership

Homeowners insurance, or hazard insurance, is a type of property insurance that pays for losses related to your home.  A homeowner’s insurance policy can include losses to your home, additional living expenses, loss of personal belongings, and liability insurance for accidents that may happen. There are many things that could go wrong for homeowners that…

Read More

Family and personal finances are a big part of every holiday season. People are buying gifts, preparing holiday meals, and planning all of the changes in their lives that the coming new year might bring. In addition to giving thanks for all we have, we want everyone to engage in some financially sound thinking this…

Read More

  It’s tough to sort out the home buying myths from reality when it comes to the truth about buying a house. In a given search online, you can find opposing viewpoints that often contradict each other. Avoid confusion and help separate the real estate myths from the truth with these 10 myths about buying…

Read More

All over the country, the Homeowner Assistance Fund (HAF) program is helping eligible and distressed homeowners with their home expenses.  The Homeowner Assistance Fund (HAF) is a federal program to help households who are behind on their mortgages and other housing-related expenses due to the impacts of COVID-19. How the Homeowner Assistance Fund Works: Every…

Read More

What is Cash for Keys? If foreclosure is imminent, and a lender is considering a deed in lieu of foreclosure “Cash for Keys” may be an option.  Under this arrangement, the lender will actually pay you to vacate the home and leave it in good condition. Part of that deal is the home is not…

Read More

When we talk about homeownership, and how that impacts the health of your credit, we’re usually talking about the mortgage loan. And while a mortgage loan is vitally important to your overall financial health and creditworthiness, there are many more factors involved with homeownership that can affect your credit. Mortgage and other financial data that…

Read More

Is it better to buy or rent a home? To make a good decision about whether pursuing homeownership is the right move, right now, it’s important to compare the differences between being a renter and being a homeowner. Having access to relevant information will help you weigh all of the benefits and trade-offs between the…

Read More

Credit.org is a U.S. Department of Housing and Urban Development (HUD) approved housing counseling agency.  HUD-approved housing counseling agencies help empower homeowners, homebuyers, and renters to make well informed housing decisions. We have HUD certified housing counselors ready to help. Even if you’ve been previously rejected or denied for assistance, you can and should apply again….

Read More

As the pandemic winds down, 2021 finds us in a strong seller’s market for home buying. Because we believe that homeownership is a crucial goal for anyone looking to build a secure financial future, we’re advocating more people consider taking the leap toward becoming homeowners this year. June is National Homeownership Month, when we kick…

Read More