What is a “Deed in Lieu of Foreclosure”?

Homesbyjim Real Estate

Deed in Lieu of Foreclosure

This is an option that many underwater homeowners do not know about. A deed in lieu of foreclosure is when the borrower agrees to give the property to the lender in exchange for cancelling the mortgage. The lender then gets the property much quicker than normal and lessons the chance of the property being in disrepair and reduces the lenders financial loss (interest, legal fees etc.) for the property being off the market.

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Do I need an Engineer or a Home Inspector?

PropertyGuiding

Do I need an Engineer or a Home Inspector?

You need a home inspector. When you hire a home inspector, you are hiring an experienced professional who has training and experience in the building industry. It is the job of the home inspector to not only evaluate the condition of the house’s major systems and structural integrity, but also to evaluate how these systems are working together and identify areas that need to be watched, repaired or replaced.

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3 Easy Tips To Protect Your Deck This Winter

Andy Horn Real Estate Blog

Barbecue season is all but over, and you won’t be spending as much time out on the deck. Don’t let it get you down, though. Spring will be here before you know it. There are a lot of things that can wear down and damage your deck, so protect your deck and make sure it stays in tip top shape over the winter. Cover The Furniture You want your deck to look as good in the spring as it does now. The first step is to cover all the furniture (don’t forget the grill!). Cover everything with commercial furniture covers or just use a tarp. Be sure that the covers fit snuggly. They won’t do any good if they’re blowing through the neighbor’s yard. If you’ve got the space, make room in the garage for the deck chairs and table. They’ll last longer if you store them indoors for the…

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