The PennyMac Mortgage Blog is where you'll find unbiased, useful info to help save you money, time and peace of mind during the mortgage process. If you have a mortgage or are about to get one, we think you'll find info here you can't always get elsewhere.
Many of us have heard scary stories about new homeowners dealing with costly and even dangerous home repairs that they did not expect. From leaky septic tanks and radon gas, to moldy walls and things that freeze in the night, here are our home inspection horror stories, and how to avoid them.
Autumn is your last chance to review, repair and remediate home issues that may break the bank account after winter arrives. Here are some expensive mistakes some homeowners make every fall – don’t be one of them. Set aside time (and a little cash) to clean up your household act.
Buying a home is an exciting milestone in anyone’s life. So exciting, in fact, that many people rush through the process, intent on moving into their dream home as soon as possible. They often forget that they’re not just buying a home—they’re buying all the home’s problems too.
A Chicago couple found a 1940s bungalow that seemed like a solid home. Then they called in Frank Lesh, an inspector, who pointed out that while the house bones were fine, the plumbing needed updating, and the roof was in bad shape. They passed on the house.