Thursday, December 4th, 2008
Just as the end of the housing crisis is far from sight, a new crisis begins. Commercial establishments are now beginning to enter the foreclosure situation. Malls in Georgia and Michigan are among the first to experience these foreclosures. Next in line are hotels in California and Arizona. Analysts say that numbers are expected to [...]
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Tuesday, December 2nd, 2008
There are possible ways to prevent foreclosure: Prioritize what is important. There is a big difference between a need and just a want. Consider selling things that have value like jewelries, insurance policies or 2nd car to have loans reinstated. An extra job would be a help, too. Never fail to get in touch with [...]
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Monday, December 1st, 2008
Critics are worrying that the new loan modification plan initiated by the Federal Housing Administration and major financial institutions may not be sufficient to help a big number of homeowners in danger of losing their homes to foreclosures. They have pointed out several cases of borrowers in trouble who are seeking help from their mortgage [...]
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