Homeowner's associations can be a pain in the behind, but can they really take your home if you don't abide by their rules? We've all heard of HOA horror stories. Sometimes you pay your HOA fees and they do absolutely nothing to make the neighborhood better or enforce basic rules to ...
Can a homeowner’s association legally take your house in Michigan? Homeowner's Association If you have a home, you either love or absolutely hate your homeowner's association. For those who do not know what an HOA is, let me explain. Investopediasays, "A homeowner association (HOA) is an...
(or investment company) and a homeowner. You can receive a lump sum of cash in exchange for a percentage of ownership in your home and/or a portion of its future appreciation; the investor receives compensation when the agreement ends on a designated date, or when you sell the home. You...
Installing solar panels might also count as a design change, because they alter the exterior appearance of your home. What can the HOA do if I don’t comply? An HOA can’t force a homeowner to sell their home for not following the HOA rules. However, it can enforce the rules and ...
This homeowner could save more than $977 per month by extending the loan term. The downside is that it will take more time — and more interest — to pay off the home if you stick to the schedule for the life of the loan. However, you may not mind the extra cost if the longer te...
prepares a deed of trust. The grantor/borrower does not need to be the homeowner, but the party who signs the deed of trust must own at least some interest in the property. The deed of trust must be in writing with the grantor’s signature and filed at the county clerk's office in ...
Don't become a homeowner before you're ready While this all may seem like a lot to do before buying a home, it's important to make sure you're really financially ready. Buying a home is likely the biggest purchase you'll ever make. And homeownership isn't always a good investment -...
prepares a deed of trust. The grantor/borrower does not need to be the homeowner, but the party who signs the deed of trust must own at least some interest in the property. The deed of trust must be in writing with the grantor’s signature and filed at the county clerk's office in ...