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How to Know if a VA Renovation Loan is the Right Choice

How to Know if a VA Renovation Loan is the Right Choice

Choosing between VA renovation and traditional home renovation loans, or a VA loan in general doesn’t have to be tricky. It all depends on your situation and needs.  For example, VA renovation loans allow you to purchase property and rehab it where some traditional home renovation loans don’t allow you to buy the land.  And …

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Pre-Foreclosure, Auction, REO What's the Difference

Pre-Foreclosure, Auction, REO: What’s the Difference?

The differences between pre-foreclosures, foreclosure auctions, and REO foreclosures (real estate owned) is that each one is a step in the foreclosure process instead of being a type of foreclosure.  Each one of these steps follow one another and each one has opportunities for you to save your house, although they diminish as each progression …

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the difference between real estate vs property taxes

Real Estate vs. Property Tax – What’s the Difference?

The difference between real estate taxes vs. property taxes is that real estate taxes are what the city or municipality you live in charges you for your property and based on the fair market value of your home, while property taxes are related to any moveable items you own. Examples of this include furniture, cars, …

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what does pre-foreclosure mean

What Does Pre-Foreclosure Mean? And How to Avoid It.

Pre-foreclosure means that your lender has issued a notice of default (a public notice filed with a court) and that they are beginning the process of foreclosure. Fortunately, pre-foreclosure does not mean that your house will be foreclosed upon and there are many ways to get out of pre-foreclosure. While pre-foreclosure may seem like a …

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