“The home short sale has long been regarded as a lifeline for borrowers facing foreclosure. But many have also taken it as a quick solution to mortgage problems, not thinking about the ups and downs of the short sale process. The truth is that even after a home short sale, one may still owe money … Read more
Article by Jack Smith Previously launched Obama’s making home affordable plan helped the homeowners facing mortgage foreclosure on a primary mortgage only. About half of these numbers have a Second Mortgage. The economic downturn has made many homeowners struggle with their monthly mortgage payments. You may be one of them who fear defaulting with payments … Read more
Six years ago, I bought a house over my head. The reasons are muddled and uninteresting, but like you I needed the economy to just keep moving along. No changes. No surprises. Just let me live the American Dream. My payment was ,900. That’s part of the ‘muddled”, but its for another article. Anyway, I … Read more