November 14, 2013
NEW YORK (Money Crashers) — Every homeowner looks forward to having a mortgage-burning party. A home loan is usually the largest portion of one’s debt burden, and it’s...
October 11, 2013
If you are seeking mortgage advice, make sure to do your homework and meet with several reputable...
September 24, 2013
Generally speaking, whenever you settle a debt for less than you owed, the difference counts as income – taxable income.
A short sale is a form of debt...
September 23, 2013
How do you tell your mother the reverse mortgage she is considering would lead her, slowly and steadily into homelessness?
Don't get me wrong. Reverse mortgages...
September 20, 2013
Foreclosure is easy. All you have to do is wait around in your home until the Final Judgment arrives and boots you out of the property. Short sales take a bit more...
September 13, 2013
The Reverse Mortgage Stabilization Act of 2013 is one of the shortest bills to be signed into effect, but what do they say about a butterfly in China? Oh yes: if a butterfly beats its wings in China, then the reverberations could result in...
September 9, 2013
Homeowners who can no longer afford to pay their mortgages consider bringing their financial lives under control with a short sale. For many, a short sale can result in stability without the severe consequences of foreclosure or bankruptcy....
September 4, 2013
There are many factors which impact the size of your mortgage loan, most of which are within your control. Your income, savings, and credit history will be...
September 3, 2013
In order to secure financing to buy a home, you will be charged interest on your mortgage loan. Interest is generally paid on a monthly basis, together with a portion...
August 30, 2013
Buying a home is a major milestone in your life, and the best way to help that ensure you have a positive experience is to properly prepare your finances for getting a...