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When you have a single-family residence and a fixed-rate mortgage, the only portion of your monthly housing payment that could potentially increase relates to taxes and homeowners insurance tied to the property. You pay the costs of maintaining the home as you are able and willing, giving you control over when the expenses are incurred.
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Increasing the Value of Your Home Will Increase Your Equity. Increasing the value of your home is important. You home is usually the largest long term investment you will ever make. Increasing the value of your investment only makes sense, especially if it increases your equity. There are a few ways that you can increase the value of your home:
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February Delinquency Rate Down Delinquency rate below 5 percent for first time since August 2007; down 12 percent month-over month- Prepayment. currently at 1.55 percent- foreclosure starts increase 18 percent from February; up.A 1/3 of all Home Mortgage Notes are Missing Having worked in and around the mortgage lending, mortgage servicing, and mortgage banking fields for a long time, it has been my professional observation that all lenders that I have ever encountered take the issue of a missing document very seriously, and act to correct the problem promptly.
What To Do If Your Lender Has Force-Placed Insurance on Your Property. As soon as possible, contact an insurance carrier and get a new policy or seek to have your old policy reinstated. Even if you believe the servicer is at fault, you should continue to make payments to cover the force-placed insurance.
Here are some basic things you can do to increase the value of your commercial real estate investment. Raise the Rents . If your rents are below market average then you are essentially giving away.
In order to maintain the value of a property in the long term, renovations frequently have to be undertaken. By contrast, the value of the property goes up if the price of the land increases or if the building gains added value. For example, adding a conservatory or building a pool can increase the value.