Stopping Foreclosure Time-Wasters - 12/17/07 03:01 PM
I wrote an article on the distractions, misconceptions, and actual scams out there waiting for the home ownerin foreclosure. I titled it, Home Mortgage Foreclosure Red Herrings and it covers 3 main time-wasters with attempting to stop a foreclosure. The red herrings are: Con-man "investors", bankruptcy, and foreclosure "rescue" companies...2 scams and a misconception which tricks many a home … (3 comments)
President Bush Flat Out Lied To Homeowners in Yesterdays Press Conference - 12/07/07 12:49 PM
Yesterday President Bush held a press conference to give comfort to subprime loan holders who face huge upward payment adjusts...and yet...after a little investigation... We find that everything he said was a LIE! The supposed "rate freeze" for 5 years is a farce....read all about on my mortgage advice blog... Bush Caught Lying To Homeowners...Again! It's really pretty sad … (10 comments)
Why You Can NOT Use APR To Comparison Mortgage Shop! - 12/06/07 10:44 AM
Comparison shopping for mortgages or any financingusing APR (Annual Percentage Rate) on the Truth-In-Lending-Statement is useless for a plethora of reasons.... most of which I cover in a new article called, What is APR? on my mortgage advice blog. As you may know, APR or Annual Percentage Rate disclosure was a government created idea to … (7 comments)
Seller Paid Real Estate Closing Costs: Common Contract Pitfalls To Avoid - 12/05/07 06:44 PM
I just finished a post on my Insider Mortgage Advice Blog, called Real Estate Closing Costs Paid By Seller a Catch-22 where I outline a few "underwriting Catch-22's" when it comes to sellers paying the buyers closing costs on the Fannie Mae 100% Flex loan program. This conventional loan program will get more use now that … (0 comments)
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I wrote an article on the distractions, misconceptions, and actual scams out there waiting for the home ownerin foreclosure.
