More people are feeling the brunt of the credit crunch and the mortgage crisis with each passing day. Some people were hanging on by a string and then they lost their jobs. Others were stuck in adjustable rate mortgages (ARMS) and their rates reset, causing their monthly payments to skyrocket. No matter what the reason is that is causing you to get behind on your mortgage,... Read More
The weather was just perfect for a bike ride Saturday and on my way to the canal where I like to ride, I stopped at a home where they were having a yard sale. They had all sorts of good stuff on the driveway and I was wondering why they were selling everything and the wife told me that they were working on a do it yourself loan modification, but weren't sure if the... 
Recently my dad refinanced his house. He had been trying to sell it but do to the recession was not getting any offers that looked very appealing. The ones he did receive turned out to be from people who got cold feet as the economy continued to be uncertain. Fortunately, he was not one of the people who had to move. He wanted to. Tired of the area and ready to buy a... 
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.... 
For those who are faced with the prospect of losing their home stopping foreclosure can seem almost impossible. When you have significant fiscal problems and you’re starting to lose hope the idea of taking on the mortgage lender seems analogous to fighting a monster that cannot be beaten. If you are worried about the possibility of losing the property you live in then you... 
If you have missed a house payment, you can now think about stopping foreclosure with a do it yourself loan modification. The first thing you have to do is learn about the loan modification process by looking at Internet sites that are authorities on do it yourself loan modification, and then calling your lender. If they are not willing to work with you (they should... 
