Most of HOMEteam’s clients are seeking to buy their first home – and most of the time it is a single-family home. Single-family homes and neighborhoods are ideal settings to achieve housing, economic, and community stability for putting down roots, raising families, retiring, and aging in place. But for some, having enough income to qualify […]
Read MorePaul McLaughlinPaul is Director of HOMEteam and has been Neighborworks® Southern New Hampshire’s HomeOwnership Program manager since December 2011. He manages the housing counseling program, providing one-on-one pre-purchase, credit, non-foreclosure post purchase and landlord counseling.He also conducts group education in home buyer education and financial fitness.
Read MoreAs a Housing Counselor, I work every day to educate and coach clients who are looking to buy their first home. They come to me eagerly hoping to claim their piece of the American Dream of homeownership. My goal is to discover where they financially are today – strengths and weaknesses – then identify what […]
Read MoreIf you’re buying a home for the first time, familiarizing yourself with the wealth of information available is often a welcomed challenge. Learning all of the terms and procedures relevant to your eventual closing process can be exciting and motivating. It’s a lot to learn, but once you understand the terminology and how it relates […]
Read MoreHouse hunting? By now, you may have noticed that some listings include “deed restrictions” or list a certain type of property deed. While seemingly nondescript, this document can have crucial implications on the property and the sale itself. Before you make an offer, it’s a good idea to start familiarizing yourself with the ins-and-outs of […]
Read MoreIt’s not looking good for homeownership these days. According to the U.S. Census Bureau, 63.7 percent of households owned their homes at the end of 2016, down from a peak of 69.2 percent in 2004. While there have been small increases in recent quarters, the homeownership trend since the financial crisis continues to trend downward. […]
Read MoreSaving for a down payment and escalating home prices are two reasons that make it difficult for low income homebuyers to purchase a home. Did you know that the USDA 502-Direct loan program solves these issues and more for homebuyers? Designed for low income families purchasing homes in rural areas, this loan offers a 0% […]
Read MoreThis article originally appeared in NeighborWorks® Southern New Hampshire’s March 2016 Neighborhood Minute Newsletter. To view the entire newsletter, please click here. This past year HOMEteam has expanded home buyer and home owner services to meet the needs of New Hampshire residents. Along with our partners at NeighborWorks® Southern New Hampshire, CATCH Neighborhood Housing and […]
Read MoreThere are new CFPB regulations which protect you, and allow adequate time to apply for loan modifications. Find out how this can help you, the options available, and where to get more information here!
Read MoreNew rules recently came into effect which require that most companies servicing mortgage to send applications for loan modification to borrowers who fall behind on their payments. Most loan servicers also let borrowers know that assistance with completing the application is available at no cost to homeowners by HUD-approved counseling agencies. No doubt some homeowners ask themselves: “Why work with a housing counselor?” Why not just complete the modification application on their own and send it in?
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