April 2025

Leverage the equity in an inherited property through smart options like cash-out refinancing, home equity loans, or HELOCs — without selling the home. By legally securing ownership, knowing the home’s value, and aligning your loan choice with financial goals, you can unlock that equity to fund renovations, pay down debt, or invest in new property. […]

Choosing the right types of mortgages—fixed-rate or adjustable-rate—can make or break your home equity over time. Fixed-rate loans offer stability and predictable payments, while adjustable-rate mortgages (ARMs) come with short-term savings but long-term risk. Picking the wrong one can lead to negative equity, where you owe more than your home is worth. Understand your goals,

How to prepare for a foreclosure auction — it’s something too many homeowners Google when they’re already feeling the pressure. You’ve got stressful letters from the bank, zero clue what’s next, and maybe even a few sleepless nights. You’re not alone. Thousands of people every year find themselves trying to figure out what the heck

Debt consolidation can cause a short-term dip in your credit score due to hard inquiries and new accounts, but if managed well, it often improves your credit over time. By combining multiple debts into one lower-interest payment and maintaining on-time payments, you can lower your credit utilization and boost your score. Success with debt consolidation

Using a 10-year ARM for real estate investment offers lower initial payments, making it ideal for short-term holds, flips, or BRRRR strategies. Investors benefit from reduced upfront costs and flexibility to refinance or sell before rate adjustments begin. This strategy helps maximize cash flow and scale faster—if timed right. It’s best for those who plan

FHA-approved condos are on a lot of people’s radar for 2025, especially buyers who don’t want to cough up a huge down payment but still want something solid. I get it—trying to qualify for an FHA loan and make sure the condo you want is FHA-approved can feel like a maze. The fact is, not

Let’s be real—selling inherited property isn’t exactly a walk in the park. You’ve just inherited a house or maybe a piece of land. Someone you loved passed and left it behind. Deep breath. Now taxes are breathing down your neck. You’re probably thinking… “Do I pay capital gains tax on inherited property?” “How much will

Deciding between renting out the inherited property vs. selling it depends on your financial goals, stress tolerance, and emotional ties. Renting can offer steady income and tax benefits but comes with landlord duties and maintenance costs. Selling gives quick cash and a clean break but may miss out on future appreciation. Weigh cash flow, taxes,

The Fannie Mae minimum credit score required to qualify for a mortgage is generally 620. Along with this, borrowers should have a debt-to-income (DTI) ratio between 36% and 50%, depending on their overall financial situation, and a down payment starting at 3% for primary homes. These rules help lenders evaluate risk and decide if you

If you’re staring down the barrel of losing your home, you’re not alone. Rising payments, job loss, unexpected bills—it happens. The good news is, you’ve got options. Real options. Alternatives to foreclosure are out there—and no, you don’t have to give up the roof over your head just yet. We’re talking about loan modifications, short