As we approach the peak of this year’s Atlantic hurricane season, home improvement expert Danny Lipford explains the importance of having a backup generator during power outages caused by severe weather. Questions or comments? Use the comment link below. Your email address will never appear on our website along with your comments for your privacy […]
Reverse Mortgages May Become More Affordable
The Federal Housing Administration (FHA) announced recently that it intends to make modifications to its Home Equity Conversion Mortgage (HECM), a reverse mortgage loan insured by the federal government, to make it more attractive and cost effective for older home owners looking to tap their home equity. A HECM is a reverse mortgage that is […]
Real Estate News – September 2010
Our September 2010 Gulf Shores Real Estate Newsletter is now online… Read It Here Now!
Fed Unveils Slew of Mortgage Rules
The Federal Reserve recently unveiled a slew of rules aimed at protecting consumers from abusive lending practices blamed for luring millions into unaffordable home loans. The rules include a ban on yield-spread premiums, controversial payments that mortgage brokers have historically received in exchange for guiding consumers toward higher-interest rate mortgages. “This will prevent loan originators […]
Housing Construction Rises in July
A weak housing market received a tiny boost from apartment construction last month. But the overall outlook remained dim as applications for building permits fell to the lowest level in 14 months. Construction of new homes and apartments rose 1.7 percent last month, according to the Commerce Department. Driving the increase was a 32.6 percent […]
4 Cheap Mosquito Repellants
Here are four inexpensive ways to keep your yard mosquito free during these “dog days of summer.” Know of any other “home remedies” or inexpensive ideas for warding off pesky mosquitos? We’d love to hear about them. Just use the comment link below to sound off about it.
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