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Loan modification or Short Sale! Which one is more beneficial?
We hear about thousands of homes going in foreclosure every day. Imagine how many home owners would be living under a constant threat of foreclosure and how many would have already faced the trauma of being...
16 commentsLie Now and Pay Later
He sat in our living room and told us that our financial troubles were over. He told us that we could consolidate our debt and keep on living the American dream! He seemed like such a nice guy. I wonder...
26 commentsThe Housing Bubble | What Caused It To Burst
From time to time we hear something on the news about the housing bubble and what is happening to the real estate market across the entire Nation.We see our neighborhoods bombarded with “For Sale” signs...
0 commentsWhat Exactly Is a Subprime Loan
A "popular" explanation of subprime loans Nowadays, everyone is talking about the subprime loan crisis as if the term "subprime loan" is so obviously understood that it needs no further explanation. The...
1 commentMortgage Relief: Is Project Lifeline a foreclosure solution or....?
Help for some homeowners is on the horizon. Six of the United State's largest mortgage companies have voluntarily agreed to work with the Treasury Dept. on Project Lifeline. It's a broad reaching...
0 commentsShort Sale Benefits
First of all, in order to do a short sale, you will need the permission of the bank. Usually you will have to have a foreclosure notice and then you will enter into some negotiations with the bank. Usually...
7 commentsMortgage Loan Modification Programs To Keep Your Home
When keeping your home is something you truly want to accomplish but the mortgage payment is too high. An available option for homeowners is a mortgage loan modification. Utilizing this choice, homeowners are...
3 commentsReal Estate Reckoning...on the ground from a Broker's viewpoint
Here on the ground where I am so far from Wall Street and Washington DC they could drop a foreclosed home from a crane onto the Capitol Building and I wouldn't hear it.
4 commentsWill a Predatory Lending Bill Fix the Problem?
The big news this week in the mortgage industry is that a bill has been introduced in the House of Representatives that is meant to curb predatory lending practices. This bill is supposed to force mortgage...
0 commentsYou Can Stop Home Foreclosure
Fight Home Foreclosure Smart In your quest for knowledge, keep mind that the entire court system is going to challenge you to have knowledge of the "Process of Filing, within acceptible Practices" In the...
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