blog Archives | Page 22 of 29 | The Richard Woodward Team Nexa Mortgage

The Cost of Renting vs. the Cost of Owning during a Divorce

The Cost of Renting vs. the Cost of Owning Many divorcing clients will make the decision to rent following a divorce for a variety of reasons; however, there’s more to the cost of renting vs. buying than just comparing the dollar cost of the payments. Many will argue against the value of purchasing a home…

Meet Jeanne and Frank. They now Enjoy Zero Mortgage Joy For years, this husband and wife team have helped others discover their zero mortgage payment joy* through Home Equity Conversion Mortgage (HECM: aka Reverse Mortgage). Now it’s Jeanne and Frank’s turn to tap into their hard-earned equity and live without the stress of monthly mortgage payments.…

How to use a home improvement loan to buy or renovate a home

Home Improvement Loans done the easy way. Fannie Mae’s Homestyle Renovation mortgage, VA’s Renovation, and FHA’s 203(k) and (FHA 203K Streamline) loan programs are designed to finance the purchase and improvement of your home, all in one loan. The first thing most people want to do when they buy their home is – “make it…

Your next home improvement project could be a money maker for you. If you’re planning to remodel, the improvement and repair projects you choose could increase the resale value and help your home stand out from others without over-improving it compared to your neighborhood. If you have been planning to sell your home and found…

The cost of waiting a year to buy your home

Home prices continue to rise in North Texas. If you want to buy a home, you should buy now as prices continue to rise. Mortgage Rates continue to rise as well. Home Prices, along with mortgage rates, push affordability to an all time high in the Dallas and Fort Worth home market. As a local…

I am going to show you how to finance in home improvements or additions. If you are having a hard time finding a home that fulfills all your hopes and dreams, perhaps a renovation home loan can help you. It takes a special person to see the potential in a home that’s in need of…

Who is on your Professional Divorce Team? Every successful divorce case requires the execution of a professional team; so, who’s on yours? A divorce attorney may be an expert in divorce law, but they are not licensed loan officers. Divorce mortgage lending requires expertise in not only lending, but an understanding of divorces. A Divorce…

Divorcing Your Mortgage Newsletter. May 2018, bringing you Divorce Trivia. The History of Trivia is Anything But Trivial Calling all trivia buffs! You may school your friends in every random fact from pop culture to World War II, but how much do you know about the history of trivia itself? The dictionary defines trivia as…

Dividing Up Credit Card Debt During A Divorce

Divorce can ruin your credit report. Divorce is hard enough when you combine finances, it can sometimes lead to difficult situations. Often times these difficult situations are initiated by a soon to be ex-spouse making late payments on shared accounts. These late payments appear on both of the account holders’ credit reports, despite divorce decrees. In…

Divorcing Your Mortgage Newsletter, Marital Liens Marital Liens, Lis Pendens & Mortgages Lis Pendens are notices that warn the public of lawsuits that affect real estate. They are often used in divorce cases to protect one spouse when the other tries to transfer real estate without the other spouse’s knowledge. A Lis Pendens help to…