It seems that you hear about people tragically losing their homes every day because of the bad housing market, but that you rarely hear about those who are stopping foreclosure using a method like home loan modification or a short sale. But when my younger brother ran into financial problems he was able to go about successfully stopping foreclosure by using a home loan... Read More
We have a close family and I was talking to my second cousin the other day and he told me that and his wife are really upside down in their home and are having trouble making the payments. His wife lost her job and is hard pressed to find another one. Her unemployment checks are not making up for the loss of their income and they are concerned about stopping foreclosure.... 
One thing I have picked up after trying to figure out why this real estate melt down happened through schooling and on the job experience is that stopping foreclosure should start way back in the beginning when securing a loan. The majority of people stopping foreclosure today have adjustable rate mortgages. These loans work on an interest index, which rises or lowers... 
Stopping foreclosure seemed like it was in the news at every turn about a year ago, at least on the residential side. Recently I haven’t really heard too much about it until watching Good Morning America the other day. On this particular morning there was a segment where viewers in the audience and from webcams got a chance to ask financial experts questions. One husband and... 
I have a college buddy who about four years ago bought a small home out in Avondale, Arizona. For those who don’t know where this is, I don’t think some Arizonians even know where this place is, it is a growing community about 30 minutes without traffic east of Phoenix. It is a classic example of the development craze, which occurred before the residential meltdown. At the... 
