Entries from Searchlight Crusade tagged with 'loan modification'
Discovering You've Got A Bad Loan - Don't Panic!
No, this isn't the Hitchhiker's Guide to the Galaxy But having written half a dozen articles roundly critical of the way in which these loans are generally sold, it's not unusual for me to get e-mail like this one: Hi,...
Refinancing When You Owe More Than The Home Is Worth
I've been looking around for an answer to this but my searches haven't returned anything useful. Say you buy a house and with that house you finance in a pool. House was $210,000 and pool is $40k. $250k mortgage....
Why You Should Not Walk Away From Real Estate Because You Owe "More Than It's Worth"
I keep reading stuff on the internet advising people who are upside down to just walk away if they are a upside down on their mortgage. This has got to be right up there with the worst financial advice...
When Loan Modification Will Not Help, or Is Not Appropriate
In talking about loan modification, I have said it is not a panacea. Let's look at why not, and situations where it just flat out is not going to work. Loan modification is a strategy for the lender to...
Mortgage Loan Modification
It is nice to have a tool that I can use to keep people in their homes, rather than going through foreclosure or short sales, and killing your credit and ability to qualify for a home loan for a minimum...
President Obama's Mortgage Relief Program October 2011
Irony abounds. Obama hyping a program formulated by the Bush Administration (that didn't see actual implementation until April 2009 due to legal delays) as a centerpiece of his reasons for re-election - long after the program has helped most of...
Barack Obama's "Help For Homeowners" Proposal
Today, the President announced "a plan" to theoretically aid homeowners. Unfortunately, judging from the information available, it looks more like a Wish List than a Plan. People may be eligible to refinance if their loan to value ratio is 105%...
Why You Should Not Walk Away From Upside-Down Real Estate
I keep reading stuff on the internet advising people who are upside down to just walk away if they are a upside down on their mortgage. This has got to be right up there with the worst financial advice...
When Loan Modification Will Not Help, or Is Not Appropriate
In talking about loan modification, I have said it is not a panacea. Let's look at why not, and situations where it just flat out is not going to work. Loan modification is a strategy for the lender to...
How Loan Modification Benefits The Real Estate Markets
Okay, I'm excited about this subject, which is why two articles back to back on Mortgage Loan Modification. There's a reason. For the first time ever, I am getting access to a tool that will enable me to keep sixty...
Mortgage Loan Modification
It is a great feeling to suddenly have a tool that I can use to keep people in their homes, rather than going through foreclosure or short sales, and killing your credit and ability to qualify for a home loan...
Feed Subscription
If you use an RSS reader, you can subscribe to a feed of all future entries tagged 'loan modification'. [What is this?]
