Housing Issues

Check out these articles if you're buying a house, renting an apartment or home, exploring a reverse mortgage or concerned about foreclosure.  If you would like some one-on-one assistance, talk to a GreenPath housing advisor.   

Escrow Accounts - Learn about home escrow accounts, how they work and how they can help you budget for property taxes and home insurance expenses.

Foreclosure Prevention Options - If you are struggling to pay your mortgage and want to avoid foreclosure, you may consider retention options for remaining in your home or non-retention options that require you to move.

Foreclosure Process - Brief description of the foreclosure process.

Getting a Mortgage - Buying a home?  Before you look at a house, take the proper steps to determine how much you can really afford and select the right mortgage product.

Home Appraisals - Learn how home appraisals are conducted and why they're a necessary part of the home buying process.

Homeowner's Insurance 101 - Here are some important things to consider when purchasing homeowner's insurance.

Making Home Affordable (MHA) Program - If you need help with your mortgage, you should look into the government's Making Home Affordable Program, including HAMP, HAFA and 2MP.

Mortgages 101 - It's important to learn the basics of mortgage loans, including loan types such as fixed-rate, adjustable-rate and interest-only.

Purchasing a Home in Need of Repair - If you want to purchase a home that needs repairs, a HUD 203(k) loan may help make your purchase easier and less expensive.

Renting - If you're considering renting a home or apartment, make sure you do your research and examine the lease agreement carefully.

Reverse Mortgages for Seniors - If you or a family member has home equity and is at least 62 years old, learn more about a reverse mortgage to decide if it's right for you or your loved one.