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Should You Get a Reverse Mortgage?

Photo by 3D Animation Production Company via PixabayIf you’re retired, own your own home and have trouble making ends meet, a reverse mortgage may seem like the answer to prayers. You get to stay in your house and you’ll have some extra cash to see you through. Before you run ...

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The Devil’s in the Details: Home Insurance Coverage

When you suffer damage to (or the loss of) your home or its contents, you expect your insurance company to come to the rescue, and most do.  Still, it’s a good idea to review your policy with your insurance advisor and find out what’s covered and what isn’t. For example, if ...

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Prequalified vs preapproved: Understanding mortgage terminology

If you’re a first-time homebuyer, odds are you’ve encountered the words “prequalified” and “preapproved” interchangeably. However, when it comes to home loans, there are some critical differences between the two. Mortgage prequalification Getting prequalified helps borrowers find out what kind and what size mortgage they’re likely to be approved ...

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Factors to Consider When House Shopping in Florida

Florida has many unique characteristics that make it a highly desirable place for buying either a permanent home or a nice seasonal one. As is the case with any real estate purchase, it's essential to tailor your requirements to your desired lifestyle, personal expectations, and climatic conditions. If you're wondering whether ...

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