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How To Safely Clean Your Basement After a Flood: 7 Essential Tips From the Experts

How To Safely Clean Your Basement After a Flood: 7 Essential Tips From the Experts

You’ve just reached the tail end of a bad storm that damaged your property. After hours of heavy rains, high winds, and even potential evacuations, figuring out how and where to start putting things back together can be tricky. And it’s all too tempting to start rushing through the items on your long to-do listRead …

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FHA Eases Mortgage Qualifications by Allowing Rental Income From ADUs

FHA Eases Mortgage Qualifications by Allowing Rental Income From ADUs

The Federal Housing Administration (FHA) is implementing a new policy to ease the mortgage qualification process for some buyers by allowing them to include rental income from accessory dwelling units (ADUs) in their applications. This change permits lenders to consider ADU rental income in underwriting mortgages, improving borrowers’ qualification prospects for FHA financing on propertiesRead …

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Do Rising Foreclosures Pose a Threat to the US Housing Market?

Do Rising Foreclosures Pose a Threat to the US Housing Market?

Foreclosure notices have surged 34% year-over-year to nearly 125,000 in the third quarter of 2023, up 28% from the previous quarter, indicating a return to pre-pandemic levels as foreclosure moratoriums expire. While rising foreclosures and high home prices have some fearful of a housing bust, experts are optimistic about the state of the market inRead …

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