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How long after a short sale you must wait to buy a house depends on the loan type. There are minimum waiting periods before seeking a new mortgage or refinancing after a short sale.
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
A loose outlet cover or single dead outlet typically won't affect your sale price enough to justify repair costs. Cost to replace: $50 to $200 per outlet for professional repair and $500 to $2,000 ...
Follow 5 steps to fix your credit without spending a penny. While credit repair companies often claim they can "erase" bad credit or boost your scores, claims like these can be both false and ...
The bottom line. Taking charge of your credit is not just about numbers — it’s about taking control of your financial future. Whether you’re aiming to secure a loan, rent an apartment or ...
Collateral Protection Insurance, or CPI, insures property held as collateral for loans made by lending institutions. CPI, also known as force-placed insurance and lender placed insurance, [1] may be classified as single-interest insurance if it protects the interest of the lender, a single party, or as dual-interest insurance coverage if it protects the interest of both the lender and the ...
DIY credit repair: As previously mentioned, you can handle the entire process on your own and avoid the fees associated with hiring a credit repair company. It will take a little more time and ...
Mortgage expert David Reed invites Walletpop readers to ask him questions about real estate financing. leave your questions in the comment section of this post. Credit reporting involves a massive ...
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