Image via Pexels There are plenty of benefits of working from home: your commute disappears, you can work in your pajamas if you want to, and the hours are far more flexible than if you were in an office building. However, one major drawback for some home-based business owners is lacking a dedicated office space. If you don’t have space in your home for an office, make it a priority so you can be more productive and successful as a…
Tag: Loan
U.S. Orders Up To A Yearlong Break On Mortgage Payments
Homeowners who have lost income or their jobs because of the coronavirus outbreak are getting some relief. Depending on their situation, they should be eligible to have their mortgage payments reduced or suspended for up to 12 months. Federal regulators, through the mortgage giants Fannie Mae and Freddie Mac, are ordering lenders to offer homeowners flexibility. The move covers about half of all home loans in the U.S. — those guaranteed by Fannie and Freddie. But regulators expect that the entire mortgage industry will quickly…
Tips for Buying and Renovating a Fixer-Upper Home
There’s usually an element of risk in purchasing any new property. Things are a bit different when it comes to buying a fixer-upper, a house that needs a lot of work to make it the kind of home you’ve always wanted. Most fixer-uppers are a gamble. You could end up with a dreaded money pit or a profitable investment that your own blood and sweat, not to mention money, transforms into a dream come true. The buying process is…