Absolutely, you can own a home again in the not-too-distant future. Even though a foreclosure lingers on your credit report for seven years, it’s very unlikely you’ll be shut out from a conventional mortgage loan for that long. Fannie Mae, America’s largest mortgage buyer, has said the waiting period is a minimum of three years before you can get a mortgage loan again following a foreclosure due to extenuating circumstances. It’s roughly the same time frame you’ll find for Federal Housing … [Read more...]

Are you tired of your laundry room looking disorganized? Do you want to improve your washer and dryer space but can't afford a major overhaul? There are easy ways to update your laundry facilities without spending a great deal of money. Check out the following five quick and easy ways you can update your laundry room: Place a multi-tiered storage shelf between your washer and dryer. Store everything from dryer sheets to lint rollers in your handy new laundry room storage space. A plastic … [Read more...]