3rd January, 2009 - Posted by admin - No Comments
Bankruptcy Reform Laws Allowing Banks to Take Advantage of Homeowners The new bankruptcy laws were passed in 2005 when mortgage companies and financial investment firms were artificially pumping money into the housing market to create a huge bubble. Ostensibly, these new laws were meant to curb the large problem of homeowners or borrowers taking out loans, » Read More
13th October, 2008 - Posted by admin - No Comments
Many recent surveys and research reports highlight a troubling fact. The housing market in the UK – already battered by crumbling prices and a lack of affordable loans – is likely to continue its downward slide. The mortgage and property turmoil that began in the USA late last year has gotten progressively worse, despite crisis intervention » Read More
8th October, 2008 - Posted by admin - No Comments
Selling property is never fast and easy. The housing market in England and Wales is flooded with distress properties. The UK property market is slowing and prices are flat. Most property sellers are never able to sell their property at asking price. Buyers need to be very patient in awaiting a buyer who is willing » Read More
8th October, 2008 - Posted by admin - No Comments
The Benefits of a Loan Modification can be summed up in two words: Stop Foreclosure. A loan modification gives a distressed homeowner the chance to start fresh with the same lender by changing the terms of the current loan to an affordable and sustainable monthly payment. The goal is to keep the borrower in the » Read More
6th October, 2008 - Posted by admin - No Comments
A Quick Guide to the Current Real Estate Market Crash The news is full of reports about the real estate crash. However, there are still many local markets that remain virtually unscathed by the downturn in the market. If you live in one of these areas, you may think that your local market is safe and » Read More
5th October, 2008 - Posted by admin - No Comments
Together with changes in mortgage terms and the seemingly out of control housing market in many parts of the United States, many people are feeling a bit over their heads. Quite a few homeowners are taking the drastic step of declaring bankruptcy. But many homeowners “jump in” without learning what procedures are involved and the » Read More
4th October, 2008 - Posted by admin - No Comments
Do you have poor credit? Have you looked at your credit report and score and know that the chance of you getting a loan of any type are pretty slim? The worse the housing market becomes and the economy becomes the harder it is for those with less than perfect credit to get a loan » Read More
3rd October, 2008 - Posted by admin - No Comments
Surprisingly to some there are still plenty of opportunities to get mortgages for bad credit even in today’s poor credit environment. So, if you’ve avoided refinancing because you think your credit score is too low you may want to reconsider. There are many homeowners who got caught up in the mortgage industry debacle when rates » Read More
2nd October, 2008 - Posted by admin - No Comments
Together with changes in mortgage terms and the seemingly out of control housing market in many parts of the United States, many people are feeling a bit over their heads. Quite a few homeowners are taking the drastic step of declaring bankruptcy. But many homeowners “jump in” without learning what procedures are involved and the » Read More
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