Posts Tagged ‘credit’

Financial Advice

Monday, September 21st, 2009

Financial advice comes in many forms, on TV, on the radio, from your mother in law and even on the Internet. These are just some of the places you may turn to for financial advice.  This is true, but basically financial advice fits into some pretty neat little cubicles, they are often [...]

Mortgage Loan: The Equity Equation Flips

Monday, September 3rd, 2007

So far the going has been good for those with poor credit to try and own a house. In the sub-prime market not many questions had been asked and loans had been easy. But with the foreclosure raging through the country mortgage lenders have been tightening their belts making it difficult for house loans to [...]

The Foreclosure Crisis Today Is The Tip Of The Iceberg

Saturday, June 30th, 2007

Foreclosures in the subprime market have nose-dived. The news media are choking with information. The sub-prime was set up to help the low-income group or those with bad credit history. But it is this group’s dream houses are crumbling like sand castles. But mortgage representatives as well as the Federal Reserve Bank have rushed in [...]

Short Selling Getting Popular

Friday, June 22nd, 2007

Record numbers of foreclosures have hit the headlines. Defaulting in more than two repayments allows the lender to file a legal notice. California, Florida, Nevada and Arizona top the list in foreclosures. Massive job cuts in Ohio, Michigan and Indiana have also led to the foreclosure crisis.
Short selling has come out to be an alternative [...]

The Law Waits and Watches Foreclosure Fallouts

Saturday, June 9th, 2007

Mortgage defaulters who are facing foreclosures are waiting for help from Washington. The authorities however have taken a wait and watch stand to the fallout resulting in years of lending practice without being backed by sufficient credibility.
The market is showing signs of self-recovery and the overall economy seems to remain untouched. At this point overreaction [...]

Tips How Homeowners May Reestablish Their Credit Following a Foreclosure

Tuesday, April 3rd, 2007

If you are losing your home due to a foreclosure; you think that you may never be able to purchase another home……
More: continued here

Rochester NY Foreclosed Homes

Saturday, March 10th, 2007

When looking into real estate as an investment or purchasing your first home it is worth looking into Rochester NY foreclosed homes. Foreclosed homes occur when the homeowner defaults on payments set out in the loan agreement.
Because of this people look into foreclosed homes as a way of saving money. Rochester NY foreclosed homes offer [...]