Over the past year or so I've written quite a bit about the Obama administration's Making Homes Affordable program, as well as other mortgage modification programs. The programs were conceived of … [Read more...] about Congress Considering Scrapping Mortgage Aid Programs Due To Ineffectiveness
A while back we wrote several posts about how millions of homeowners (more than 11 million of them) were finding themselves in a situation where the values of their homes had dropped, and they found … [Read more...] about Number Of Underwater Homes Declines, But Foreclosures Are Up
My wife and I are currently thinking about upgrading our home because the prices in our market are so much cheaper than they've been for years, it almost seems like it would be a bad idea not to jump … [Read more...] about Mortgage Rates Are Low, But Are The Homes Affordable? [Infographic]
When my wife and I bought our new home in 2006 we were moving from a neighborhood that was undergoing significant changes. Not only was the neighborhood starting to have more crime and lack of … [Read more...] about Renting Vs. Buying A Home: Which Is The Best Choice?
I recently wrote about the Making Home Affordable Loan Modification program that the Obama administration passed. The program was put in place to help homeowners to get some help in tough situations … [Read more...] about Nearly Half Of Homeowners Leave The Making Home Affordable Loan Modification Program
A while back I wrote about how millions of homeowners are finding themselves underwater in their mortgage. In other words, they are finding that they owe more on their home than it is currently w … [Read more...] about Tax Implications Of Strategically Defaulting On Your Underwater Mortgage
Over the past year and a half millions of people have attempted to refinance or modify their home mortgages in order to help them stay in their home. Others have just taken advantage of the program … [Read more...] about Do I Qualify For The Making Home Affordable Home Refinance And Modification Program?
The tax credit deadline has been extended from June 30th, 2010 to September 30th, 2010. Details here. Over the first few months of this year a lot of people who might not otherwise have been … [Read more...] about Will Congress Extend The June 30th Deadline To Close On Your Home And Receive Your Homebuyer Tax Credit?
The closing date on the new home that you put a purchase agreement on is coming up and you've been approved for a loan. You were given a decent rate, and you think you're all set to go. After you … [Read more...] about Your Credit Report May Be Re-Checked Just Before Your Closing (And It Could Cost You Money)