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ARCHIVED BLOG POSTS

2010 

Big Banks Accused of Short Sale FraudBy: Diana Olick Just as regulators, lawmakers and all forms of financial oversight boards are talking about new regulations to guard against mortgage fraud and another mortgage meltdown, there appears to be yet a new mortgage fraud out there today, allegedly p...
01/16/2010
Record 3 million households hit with foreclosure in 2009By Les Christie   Almost 3 million homeowners received at least one foreclosure filing during 2009, setting a new record for the number of people falling behind on their mortgage payments.RealtyTrac, the online marketer of foreclosed homes, ...
01/13/2010
10 tips to buy or sell real estate in 2010By Steve McLinden Entering 2010, many home sellers feel they're mired in the winter of their discontent, but there are signs the real estate market is on the mend. Sales activity is up, homebuilders are finally moving inventory and values are rising sligh...
01/13/2010
Do you know someone that is late on their mortgage, underwater, or just want to GET OUT and START OVER? PLEASE SHARE THIS INFORMATION WITH THEM. They have tried to do a Loan Modification with the bank, and the bank said "NO" for no apparent reason. Well before just walking away, consider doing a ...
01/11/2010
Price: $330,000Bedrooms: 5Bathrooms: 3 full, 1 partialParking: 2-car garageSHORT APPROVED! Like 'NEW' for 'LESS', CAN GO TO SETTLEMENT THIS MONTH. gourmet kitchen, granite cornertops, sunroom; master BR suite w/sitting room, fireplace, fabulous BA & private balcony. Fully finished walkout baseme...
01/09/2010
What is a Deficiency Judgment?By Justin Pritchard Deficiency judgment are court orders that make you personally liable for unpaid debt. They are often associated with foreclosures, when a home's selling price is not enough to cover the loan balance. Let's take a closer look at what deficiency jud...
01/08/2010
3 reasons home prices are heading lowerBy Les Christie After four months of gains, home prices flattened in October. Worse yet, industry insiders think that they'll soon start to fall.Prices have risen more than 3% since May, according to S&P/Case-Shiller.But most forecasts predict price declines...
01/06/2010
Move Your Money: A New Year's ResolutionArianna Huffingtonand Rob Johnson Too-big-to-fail banks are profiting from bailout dollars and government guarantees, and growing bigger. Tell us which community bank you use, and why.Last week, over a pre-Christmas dinner, the two of us, along with politic...
01/06/2010
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Refinance your home or move?By Lori Rozsa While the tumultuous real estate market has many people hunkered down hoping it will all blow over, proactive homeowners are looking beyond the uncertainty. They're weighing a decision about whether torefinance their current mortgage or trade up to a hous...
01/05/2010
Real estate review and predictions: What follows a decade of boom and bust?By Renae MerleSaturday, January 2, 2010 The U.S. housing market has been in a slump for nearly four years. Home prices have fallen 30 percent since reaching their peak in 2006, leaving nearly a quarter of borrowers owing m...
01/03/2010
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