Walter DiLoreto's (phphouses) Blog

There comes a time when parents are no longer able to care for their affairs in a proper way. They may  have to sell their home. This can take place for a variety of reasons. It may be that you will need a power of attorney sell property option. The power of attorney is not just for selling prope...

Most homeowners need to borrow money from the bank before buying a property. It’s often a necessary but unwanted acquisition due to lenders’ perplexing contracts, extensive regulations, and steep interest rates. But what happens when you cannot meet those monthly mortgage payments? You’ll probabl...

As senior citizens get older and find themselves in situations where they have to sell their house, there can be many details involved. First of all, how do you know the right time? When should seniors sell their homes? It is just when they need to pay for medical expenses or to cover the costs o...

It’s come time to prepare to sell your elderly parents home. Everyone typically puts it off as long as possible, but as parents age, the cost of caring for them rises and in most cases, it’s inevitable that you’ll have to face selling your parents house. Caregiving takes its toll financially as w...

Many homeowners feel powerless when their bank sends them a Notice of Default and might consider filing bankruptcy to stop foreclosure on their house. Knowing that they’re behind on mortgage payments can force borrowers to seek helpin unlikely places.If government loan modifications and repayment...

There are many people in a situation where they need to sell parents house to pay for care. Parents often reach the point where they can no longer take care of themselves, or it’s not safe for them to live independently and they need other arrangements. Sometimes when the elderly have the option ...

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process.So what is a pre-foreclosure in Florida anyway?Many homeowners across America are facing difficulties making their monthly mortgage payments.When a homeo...

Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gainsfor homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and home price growth...

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I still buy a home right now? ...

If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market?The truth is, getting a pre-approval letter from your lender is critical, and w...