Home Owners Setting Up For Real Estate Success
Setting Yourself Up For Home Owner SuccessThe housing market in the United States is strong. Most communities are seeing growth in not only value but activity. Those who have lived through the real estate crash of 2008 might fear that we are heading for another bubble burst. While no one can predict the future, the indicators that caused the 2008 crash – high mortgage loan-to-value ratios, lax lending qualifications and balloon payments – are no longer part of the lending landscape. But even without these external issues, home owners can sometimes find themselves in financial trouble and faced with the possible loss of their home. There are options and understanding these could set you up for home owner success instead of loss. Income OptionsThe first step when faced with financial…