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Get Free Foreclosure Advice In Minutes
Get your free on-line foreclosure refinance quote and foreclosure help in minutes. Explore your options and compare ways to prevent foreclosure... more...
Houses - Still Better Than Money In The Bank
It is obvious that we are in an unprecedented realty situation at the moment. Losing your home is listed as one of life's major crises, up there with death and divorce, and yet this crisis is predicted to continue for another year. It raises the question in many people's minds - is it worth buying ...
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Real Estate and the Subprime Mortgage Crisis - A Beginner's Guide
We hear about the subprime mortgage crisis daily, but are you too embarrassed to admit you don't understand what the fuss is all about? What exactly is this predicament the nation finds itself in? How did this debacle arise, and does it affect you? To answer these questions, let's start at the ...
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In This Home Buyer's Market Sellers and Buyers Can Win
The problems with selling homes in a home buyer's market are in the news everyday. While the politicians may think it is up to them to legislate the solutions, given a chance the market has a unique way of solving its own problems. Instead of looking to the government, mortgage lenders, or banks ...
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Help for Victims of Foreclosure - The Mortgage Forgiveness Debt Relief Act of 2007 (HR 3648)
The "Sub Prime Mortgage Crisis" has claimed many victims. Subprime adjustable-rate mortgages represented just 7% of all loans, but made up 43% of loans entering the foreclosure process in the third quarter. High powered investors who bought into Structured Investment Vehicles (SIVs) that were ...
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Property Taxes Weigh Down Snowbirds
Many believe that the inability to give substantive relief to small business owners, landlords and snowbirds who call Florida their second home will be a drag on the state's real estate market for many years. The economy of Florida is highly dependent upon those who choose a second home in the ...
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Make Repossession A New Start
Foreclosure is the process of abolishing a person's ownership right to a property, in this case a real estate property. After the foreclose, the homeowner no longer holds the property and is required to move out of the property bag and baggage. This process is generally initiated by a person or a ...
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Bush's Economic Stimulus Plan Contains No New Housing Initiative
It's an open secret. The American economy is in trouble, and President Bush acknowledged that fact by unveiling a $150 billion economic stimulus package recently. However, that package contains no provisions for raising the $417,000 conforming loan limit to allow Fannie Mae and Freddie Mac to begin ...
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Home Owners Find Mortgage Delinquency Help With Several Foreclosure Options
If you have an Adjustable Rate Mortgage (ARM) loan that comes due for an increase, then adding heavy credit card debt to your upwardly adjusted mortgage payment is guaranteed to turn that New Year hangover into a mortgage migraine. Similar rate increases during 2007 have already taken hundreds of ...
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Stop Foreclosure In Its Tracks!
Loss mitigation was introduced as a collaborative effort between the federal government and the mortgage industry to prevent foreclosures. So, loss mitigation is defined as the process of trying to stop foreclosure before it occurs. The art of loss mitigation requires helping delinquent homeowners, ...
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Short Sale 101
This occurs when the net proceeds from the sale of a home are not enough to cover the sellers' mortgage obligations and closing costs, such as property taxes, transfer taxes, and the real estate practitioner's commission. The seller is unwilling or unable to cover the difference. Some ? although by ...
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