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Opinion: why we all have a stake in closing the homeownership gap

Housing Wire

In addition, some white neighborhoods had zoning laws that legally banned non-white buyers from owning homes in those neighborhoods. Falling home prices will not only make it more difficult for retirees but will impact existing homeowners that may want to purchase something larger or in a more desirable neighborhood.

Legal 336
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Does Adding an In-Law Suite Pay Off?

Empire Appraisal Group

If you can legally add an accessory dwelling unit (ADU), should you? It could increase a home’s value or bring in rent – or be more trouble than it’s worth. Constructing an ADU could increase your property value while providing rental income or extra living space for a family member. Does Adding an In-Law Suite Pay Off?

Law 78
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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. They are also used to assess the value of the home for home improvement loans and insurance evaluations. What is a Home Appraisal and Why is it Important?

Appraisal 105
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What Is a USDA Loan and How Do I Apply?

Assurance Financial

The USDA’s Rural Development program also offers grants to individuals who want to work on housing construction projects. Agree to live in the home as their primary residence. Be legally able to take on a loan. People can use the loans to buy, build or rehab a qualifying home. Home Improvement Loans and Grants.

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Second Mortgage vs. Refinancing Your Home

Assurance Financial

Liens are legal claims to properties that allow a lender to seize the property under certain conditions. Make home improvements: If you want to invest in a new roof or an addition, refinancing can free up cash that you can use for renovations. This means if you fail to make your payments, it may lead to foreclosure on your home.