How to Avoid Being “House Poor”
We tend to have a “bigger is better” mentality when it comes to homes. We’re taught to buy the biggest home we can possibly afford. Read More
When Do You Need to Get PMI?
As you go through the process of purchasing a home with a mortgage, you are likely to discover a number of surprising costs. Read More
HAMP Loan Modification Program Extended
Created in 2009 to help out struggling homeowners, HAMP (Home Affordable Modification Program) has helped about 1.4 million homeowners modify their mortgages to avoid foreclosure. Read More
What is a Zombie Foreclosure?
When a homeowner receives a notice of foreclosure, it’s not unusual to pack up and move out as quickly as possible. That hasty decision may not be wise however, because many unforeseen complications can occur Read More
How Foreclosure Affects Your Credit Score
While many date the recent financial crisis from 2008, the reality is that there was a build up to that crisis. Prior to the events that took place in the fall of 2008, a mortgage market crisis was building in the form of increasing foreclosures. Read More
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