Yesterday it was announced that President Obama intends to help people get home loans who have "weaker credit" as a way to help improve the rates of homeownership. According to the Washington Post: The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in … [Read more...]
Buying After a Foreclosure in 2013
Many people in the last few years have went through a foreclosure or a short sale and are now looking to buy again after a foreclosure in 2013. Having went through a foreclosure, you know how important home ownership is and how it feels to lose a home. You also know that when you went through a foreclosure, your credit score took a big hit and you have probably worked hard since your foreclosure to repair your credit and get it to a spot where you are thinking you might … [Read more...]
