Social Security recipients homes at Risk - 10/26/09 03:18 PM
  I just heard that next year Social Security recipients would not see a cost-of-living adjustment (COLA) to their payments. That is a troubling thought for the 41 million seniors whose financial security depends on the program. Some depend on their COLA payments to pay on their mortgage or equity line of credit to keep their homes while paying for other essential necessities.
   While overall inflation might not be rising in the United States, the daily costs for seniors are growing fast - especially on the things that seniors need most, such as health care and prescription drugs. The average … (0 comments)

Outrage: In some States “Walk aways” can Hurt Homeowners! - 10/26/09 03:02 PM
There have been numerous articles and blogs about what happens to a homeowner's credit score & possible ramifications for future loans. Now news agencies are reporting a new wrinkle that homeowners should be aware of when they walk away from their foreclosed home.
A recent article in the October 2009 AARP Bulletin by Michelle Diament discusses a tactic of banks in handling foreclosed homes. Mortgage servicers are getting around paying state & local fees on the backs of foreclosed homeowners. To read the entire article Click Here. The article discusses how a 62 y/o homeowner abandoned her Cleveland home of 25 … (3 comments)

 
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George Wilson

Lincolnton, NC

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Lincolnton, NC

Address: Lincolnton, NC, 28092

Office Phone: (704) 732-9514

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