Friday, February 27, 2009

Qualifying For A Loan Modification

With the foreclosure crisis running rampant across America today, many homeowners are wondering if a loan modification will really help stop foreclosure on their home....

To Stop Foreclosure Try Refinancing Before Missing A Mortgage Payment

Every single day now it seems the news is reporting additional woes piling up on the sub-prime mortgage industry. Let's be honest for a moment. We did this to ourselves....

Wednesday, February 25, 2009

Hidden Fees on Your Closing Statement

Most people, either through ignorance or apathy, accept closing costs and fees for granted or just pay what they are told. They simply assume the title or mortgage company is looking out for their best interests so they shrug their shoulders and pay the costs associated with a mortgage closing....

Short Sales to Stop Foreclosure

The short sale, used primarily to stop foreclosure, is becoming a very popular field in real estate especially when interest rates are climbing.  Homeowners faced with the prospect of losing their home are turning more and more to this option....

Monday, February 23, 2009

Credit Report Details

There have many suppositions offered regarding just what is contained in a credit report. Some know-it-alls have even gone so far as to broach the absurd idea that the intimate details of your life are contained within for all to see. Nothing could be further from the truth....

Equity Lines of Credit

The way Americans have taken on mortgage debt has changed significantly in the past two decades. The 1980s saw second mortgages account for less than 4% of outstanding home mortgage debt. By the mid-1990s second mortgages had increased to 12% of home mortgage debt....