Empowering military consumers–all year long

This is a joint blog by the Department of Defense (DoD), the FTC and the Consumer Financial Protection Bureau (CFPB).JUL 31, 2020 As we approach the end of Military Consumer Protection Month, it’s time to think about how we can support servicemembers all year long. Seven years ago, the Federal Trade Commission (FTC) launched MilitaryContinue reading “Empowering military consumers–all year long”

How does owner financing work? What homebuyers and sellers need to know

Erik J. Martin – Bankrate – Thursday, August 20, 2020 Buying or selling a home can be a complicated process. Sometimes, homebuyers have trouble qualifying for a mortgage. Other times, sellers yearn to cut through the red tape and net potentially more profit.The solution for both may be owner financing. Although not very common today,Continue reading “How does owner financing work? What homebuyers and sellers need to know”

Reverse mortgage pros and cons

Peter G. Miller – Bankrate – Wednesday, August 19, 2020 Reverse mortgages have become more attractive as a result of low mortgage rates, which have given homeowners the ability to access more of their home’s equity, even if its value hasn’t considerably gone up. In a reverse mortgage, this ultimately makes more money available toContinue reading “Reverse mortgage pros and cons”

Steer Clear of “Steering”

July 10, 2020Working With Buyers, Fair Housing, Fair Housing Act “Steering” is the practice of influencing a buyer’s choice of communities based upon one of the protected characteristics under the Fair Housing Act, which are race, color, religion, gender, disability, familial status, or national origin. Steering occurs, for example, when real estate agents do not tell buyers aboutContinue reading “Steer Clear of “Steering””

Your Landlord Was Foreclosed On. Now What?

Tenants: Your Rights When Your Landlord is Foreclosed On Authored By: Legal Services Alabama  Information Are you renting an apartment or home that’s in foreclosure? The laws that protect you have changed. Know your rights.. My landlord got a foreclosure notice. What happens to me? Nothing right away. Even if you get a copy of theContinue reading “Your Landlord Was Foreclosed On. Now What?”