June 2019

The market conditions have changed quite dramatically over the past twelve months. As a result, some homeowners may stumble upon financial hardships that make it difficult for them to pay their mortgage payments. Once your mortgage loan defaults, the chance of foreclosure increases.

If you or your spouse has lost employment and no longer make as much money, and you see meeting your mortgage payment obligations is going to be problematic, the first step is to take a deep breath. There are literally millions of people that face the same problem. You are not a bad person, so leave any feelings of guilt at the door. You do not have time for them. Instead, you need to focus on your options.

Try not to panic and instead act quickly to find

Not all home improvements are worth making, if you're thinking about selling your home. And it's important to know whether to make these DIY projects or hire a professional. Knowing what changes to avoid can help you make more money when the time comes to put your house on the market. Here's what you need to know.

1. Changing a Bedroom Into Something Else

A typical family needs at least three bedrooms, and some need more. Converting a bedroom into a space that cannot be used as a bedroom naturally narrows the field of home buyers who can purchase the home.

Homeowners who want to convert one of their spare bedrooms into something else should avoid changes that would prevent the space from being used as a bedroom later on. For example,