With the nation in a mortgage crisis and many homes headed for foreclosure, the so-called "short sale" has gained popularity. You can benefit from a short sale by getting a discounted price on a home. Here are four tips to minimize risk.
Firefighters after nearly a month had by late December of last year mostly contained the Thomas Fire, the biggest wildfire in California's history. But the fire, which started Dec. 4 about 60 miles northwest of the center of Los Angeles, had already destroyed more than 1,060 structures and burned more than 281,000 acres.
FHA loan products have become increasingly popular in recent years, both for home purchases and for refinancing an existing mortgage. But conventional mortgages- those backed by Fannie Mae or Freddie Mac - also have their appeal, especially when it comes to the lower cost and limited duration of mortgage insurance.