Many homeowners don’t comprehend this, but there are many rules in place that keep your lender from taking advantage of you, while they are foreclosing on your home. Every day, I hear: My bank just wants to take my home because it’s worth more than the payoff. In some cases, this may be the case, but by law, your mortgage company must sell the home for its fair market value and pay you any proceeds over and above the amount owed. Lenders may try and take advantage of the fact that most borrowers don’t know the laws when it comes to foreclosure, but we’ll help you understand your rights and hopefully get some money back if you’ve lost your home.

The main issue we’ve seen is when lenders accept an offer on the home as quickly as possible, just to pay off the mortgage. After the foreclosure and eviction, mortgage companies seem to forget about following the laws. For example, lets assume your home is worth $300,000, but your total payoff is only $275,000. Your mortgage company has a legal responsibility to sell the home for it’s fair market value, which is $300,000. This would leave $25,000 for you. What usually ends up happening is the bank accepts the first offer they receive of, lets say, $250,000, then they sue the home owner for a $25,000 deficiency judgment.

In a case where the bank has a legal responsibility to pay $25,000 to the homeowner, instead they end up stealing the home and suing the homeowner for an additional $25,000. There is absolutely no reason the homeowner should have to pay for the the lenders neglect to sell the home at a fair price.

My Home Improvement Project
I have been a part of many home improvement projects over the years and my most recent project was a four bedroom detached house located in Warrington. The idea started off as we would do the house up and sell it on for a profit. This is what my dad and I do in our spare time if you like. So we started work as we usually do and slowly the house took shape and I mean it really took shape. It truly did look spectacular when it was finished. However there were two problems;
1.We didnt want to sell it 2.We couldnt sell it if we wanted to
The house, although fantastic, would never fetch a fantastic price due to competition in the area. Our house is the biggest on the street and the only detached house as well but everyone seemed more interested in buying the house that is semi detached and slightly smaller and saving some money. So we decided to keep the house and truly turn it into a work of art.
How to personalize a house to make it a home
Well we where no longer selling the house so we could use a color scheme that we wanted. We had chocolate coloured furniture and the whole house including the kitchen and sofas followed this colour scheme so we decided that we could paint the walls a really dark crme colour which looked a lot better than boring white! Next we had to job of converting the garage into something of more value than a garage (the house was at the very end of the street so we had the whole road and the driveway to park in) as this seemed null and void to us.
This was a time consuming job but once it was done it truly did look amazing. The hardest part of this mini project if you like was changing the position of the door so you could go into the “mans den” from the hall rather than from the kitchen due to a long story and some unfortunate accidents along the way.
Now it was accessory time we bought a home entertainment system for the living room and mans den installed clapper lights in the bedrooms which where awesome and many more bits and bobs. Once this was done I was border line thinking about bumping off the old man just to have the house to myself (joking).
However we werent quite done. I looked at the French patio doors leading to the garden and a brainwave hit. My dad and I dont usually go for conservatories for a variety of reasons including price, profit margin and time. This meant the thought had never occurred to me, lets get a conservatory.
The conservatory project took four weeks and a lot of the work was outsourced. Once the piling was finished we thought the rest of the work would take no time at all but it turned out the opposite to be true. But once it was done I can honestly say that I was ready to buy my dad out and thats what I did (still paying him off!) and it was worth every penny.

When it comes to protecting your family or your business, you need the best security systems available. But there is no need to spend tens of thousands of dollars on a massive, state-of-the-art alarm system. What you may not know is that so-called “passive security systems,” including window bars and security gates, are actually more effective at safeguarding your property than alarm systems.

Passive security systems are designed to prevent entry, keeping intruders out of your building by blocking windows and doors with security screens. And unlike burglar alarms that only activate after a prowler has entered your home or business, passive security systems stop them from getting into the building at all! Also known as burglar bars, passive security systems provide residential safety in marginal neighborhoods, protection for business inventory and infrastructure, and defense against theft, vandalism, and other crimes.

Most security experts recommend security bar installation for both windows and doors, especially those on ground level. These security precautions work best when all possible access points have burglar bars installed. Components of a passive security system may include some or all of the following: