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Upside Down Homeowners-Should You Stay or Should You Go?

Sunday, February 7, 2010

Upside Down Homeowners-Should You Stay or Should You Go? The debate is raging for homeowners who are upside down in their mortgages. With 30% of the population owing more than their houses are worth, many homeowners are weighing the pros and cons of walking away from their homes. Understanding all your options is one of [...]

Are Loan Mods Just Another Exotic Mortgage?

Thursday, January 14, 2010

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Are Loan Mods Just Another Exotic Mortgage? This is a great question and I’m not the only one asking it. The following article challenges the view of loan mods as a long term solution. It is said that when the “step up” interest rate settles after 5 years in its permanent place, there will be [...]

Foreclosure Prevention- A New Solution or a New Opportunity?

Friday, November 6, 2009

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Foreclosure Prevention- A New Solution or a New Opportunity? With the number of foreclosures continuing to rise and not much relief in sight, the government and banks are scurrying around trying to create foreclosure prevention plans that will help reduce their losses. This new plan will allow homeowners to return ownership of their houses back [...]