What is a commercial loan modification? It has been said that there is nothing new under the Sun and as far as Commercial Loan Modifications go that is true. For years, since the invention of Commercial Mortgages, there have been Commercial Loan Modifications. In the excellent old days “modifications” were known as workouts and addressed … 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
The new housing plan announced by President Obama last week has two main parts. First, there is a billion loan modification plan and, second, there is a program that helps borrowers who are not in danger of defaulting refinance their mortgage. These are some of the key questions to ask to determine if you … Read more
If you are one of the many homeowners in default on your home loan, maybe because of an adjustable rate loan that has went up or a financial hardship, there are some solutions available to stop a foreclosure by your lender. It is strongly recommended you seek help to solve your dilemma and get back … Read more
Statistics show that divorce happens more often due to financial troubles than anything else. Sexual challenges, family issues, health issues and other areas are all less important to a healthy marriage than solid financial footing. One of the biggest areas of stress for any couple is buying a home and keeping it. There are four … Read more