Short Sale Solutions: Myths vs. Truths

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When you’re behind on mortgage payments and it is putting you in financial trouble, one solution is to short sale your home. In this category of fast home solutions, you are selling your house for less than the existing balance of your mortgage. You will have to do this in collaboration with your lender and they will have to approve any sale. To see if a short sale is your route among fast home solutions, consult these common myths and their actual truths.

  1. Myth: My credit will be ruined after a short sale.Truth: Your credit score may suffer slightly, but the true impact varies person to person. With so many factors that determine an individual’s credit score, there isn’t an exact formula to know what kind of effect a short sale will have on your credit score. If you’ve never been late on a payment of any bill, then your credit score will decrease slightly but not as much as if you have missed payments in the past. In any case, a short sale will have much less of an impact on your credit score than a foreclosure would.
  2. Myth: After a short sale I won’t be able to buy another home for several years.Truth: Depending on the circumstances, you could get an FHA loan within three years of the short sale date. To qualify for an FHA loan, you can’t have been more than 30 days late on your mortgage or other installment payments in the year before the short sale date. Prior to the application for the loan, you can’t have been 30 days late on installment and mortgage payments. With a reputable payment history and the right mortgage investor, you’ll be able to buy a new home in just a few years after you sell your house with short sale solutions.
  3. Myth: I can only short sale my home if I am late on payments.Truth: A short sale is possible under other circumstances that prevent you from keeping your home. Situations such as relocating for a job may qualify you for selling a home through a short sale. The decision depends on your mortgage lender. If you can explain to them in your “hardship letter” why you need fast home solutions like a short sale to sell your home, they could approve it.

The average home in 2016 was sold within four weeks of being listed. While this type of quick sale may not account for all of the matters wrapped up in a short sale, you could be looking at a similarly quick timeline to be rid of your mortgage payments and onto the next phase of your life.

When Hiring a Roofing Company, Search For Quality and Experience

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Roof damage of any kind is extremely concerning to homeowners. Even the smallest crack or tear on a roof can spiral into serious problems that subsequently cause all kinds of financial and structural issues. As a homeowner, you need to make sure that you’re preventing these stressful problems from happening and address them right away — that’s where hiring a professional Tampa roofing company comes in.

When searching for a quality Tampa roofing company, however, you need to make sure you’re working with an organization that has plenty of experience roofing contractors. Back in 2005, 92% of construction firms had fewer than 20 employees and only 1% had 100 or more. Unless you have the largest mansion in the world, you won’t need much more than five or six general contractors working on and repairing your roof — and you certainly won’t need anything close to 100 employees. But you do need to make sure the repair team you are going with are fully trained and have plenty of experience.

You can start by doing some diligent research online. Nowadays, if a company doesn’t have a digital presence, even for something as conventional as construction and repair work, you might want to look elsewhere. Virtually every organization has a social media account and website that you can check out before making your decision.

Once you’ve thoroughly inspected a roofing company’s digital presence and researched their services, you can then start checking their work. They will likely have a list of references that you can simply ask for on the phone. These references will be able to inform you of how each repair job went, how long it took, and what the end result was. If you hear nothing but good reviews — you should be all set to move along in the contracting process. If you here too many complaints, however, or a few big issues like fraud or missed work, that’s when it’s time to find another roofing company to work with.

If you have experienced any property damage as a result of a storm, general wear and tear, or any other reason, you need to act quickly. Don’t neglect your home’s structural care by putting off any repair projects — get help right away. If you’re in need of professional roof and damage repair and want to work with an experienced Tampa roofing company, give us a call right away.

Did the Bed Bugs Bite? How to Get Back to Sleeping Tight

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It’s all fun and games until the bed bugs really do start to bite.

If you haven’t had the displeasure of dealing with bed bugs, count yourself lucky. Just the thought of these little critters is probably making you itch all over. Imagine how it would feel if you actually had them in your home. Luckily, when it comes to killing bed bugs, there are a few different solutions you can try out.

Start fresh

Most people would hate the thought of going back to sleep in the same bed that was once filled with bed bugs. If your Beautyrest mattress is currently under attack by these pesky critters, then maybe it’s time to hit the reset button. Throw out the old mattress and head to a mattress store to pick up a new Tempurpedic mattress, Serta mattress, or stick with your current brand and get another Beautyrest mattress. However, with this method, you might have to throw out your clothes and a lot of other things as well.

Turn up the heat

If your bed bugs are more like luggage bugs or favorite sweater bugs, then you have a different removal option. Before you bring them into your home and end up with a full-on invasion, grab a black garbage bag and pack up the infested items. Leave the bag out in the baking sun for as long as possible to raise the internal temperature and kill the bugs. Your unpleasant hitchhikers will die once their body temperature reaches 113 degrees Fahrenheit.

Keep ‘em clean

One of the best ways to get rid of bed bugs is to regularly wash your sheets, comforters, blankets, pillow cases, and any clothes that have been on the floor. You’ll want to wash them thoroughly and then dry them on high heat to kill any bed bugs and their eggs. Do this regularly to limit the number of bed bugs each time and compound the effects with other extermination methods.

It’s also important to regularly check your children’s bedding and clothing for bed bugs, particularly since children spend roughly 40% of their childhood asleep. Being proactive about bed bugs is the best defense you can have, but a good exterminator is the next best thing.

If you’re looking for high-quality mattresses, check us out today.