By admin on April 2, 2011
For many seniors, home equity is roughly 30-40 percent of their net worth. They are house poor often times and don’t have the available funds to make repairs. If you and your spouse are both at least 62 years of age and have significant equity in your home, a reverse mortgage can turn that equity [...]
Posted in Business and Finance | Tagged a, help, home, keep, mortages, new, or, purchase, reverse, seniors, their |
By admin on January 2, 2011
The country is undergoing tremendous economic upheaval, and many people are losing their jobs or have lost assets they were depending on in the bear stock market. One of the casualties of times of turmoil is the ability of people to remain in their precious homes. Folks can’t make credit card or car payments, or [...]
Posted in Business and Finance | Tagged avoid, foreclosure, help, mortgage, tips, to |
By admin on November 6, 2010
The newspapers might be full of doom and gloom but the credit crunch and general economic downturn has to be good news for someone. Despite the stories about first time buyers being forced out of the market by banks refusing them large mortgages, the housing recession poses a great opportunity for those wishing to get [...]
Posted in Business and Finance | Tagged aid, buyers, duty, exemption, firsttime, government, help, home, more, package, stamp, to |
By admin on August 25, 2010
Depending on your political persuasion, you may be expecting this Bill to be one of the best things to come along since sliced bread or one of the worst possible disasters since the dropping of the atomic bomb. Americans are split deeply about this legislation and as one might expect, much of the split does [...]
Posted in Business and Finance | Tagged economic, help, mortgages, reverse, seniors, stimulus, with |
By admin on July 30, 2010
More and more people are losing their homes everyday due to foreclosure. In order to alleviate this problem, the federal government and majority of lending institutions in the country are finding ways in order to provide foreclosure help, especially to those who are in the brink of losing their homes. However, in order to receive [...]
Posted in Business and Finance | Tagged after, comes, do, foreclosure, help, lender, the, to, what, when, you |
By admin on May 24, 2010
The US Labor Department Jobs Report came our for December showing a sobering loss of yet another 524,000 jobs, which totals 1.9 Million in the year’s final four months since the credit crisis began in September. 2008 will truly be remembered for a number of things, but as it relates to jobs, the news is [...]
Posted in Business and Finance | Tagged accelerates, consumers, credit, crisis, help, job, losses, need |
By admin on February 25, 2010
In an effort to find more and more assistance with the current real estate problems, Freddie Mac and Fannie Mae are in talks with the Treasury, White House officials and the Federal Reserve. In essence, both Freddie Mac and Fannie Mae are looking for ways to give additional financing for the struggling mortgage companies whose [...]
Posted in Business and Finance | Tagged and, are, fannie, finding, freddie, help, mac, mae |