Obama's Foreclosure Plan

We all have trouble paying our account nowadays. This suggests that we do not pay the full installment on our monthly bills, or that we don’t pay them at all, which places us in arrears, and then we go into debt. If you did a little bit of reading into the situation you’ll find that [...]

Economic Depression… are you one of the millions who have searched the Internet for help? According to a post at Politico, the brains behind our Government thinks that since the volume of searches for the term have dropped, the economy must be better!
I wonder what will happen when these talking heads come out of their [...]

As if the Government under Obama hasn’t spent enough virtual taxpayer money, the Obama administration announced a new way to help unemployed homeowners stay in their homes… Rent to Own!
According to a Reuters article:
Under one idea being discussed, delinquent homeowners would surrender ownership of their homes but would continue to live in the property for [...]

For homeowners of Charlotte North Carolina, the foreclosure trend has affected complete neighborhoods.  Banks are taking homes back through foreclosure and bank owned properties lower the current market value.  Homeowners that need to sell their house fast face stiff competition from banks that are selling repo homes for less than market value.
There is little a [...]

Avoiding Foreclosure, as you can imagine, is a very real thing that many consumers face every month as the job markets continue to narrow and more people lose jobs. If you find yourself in financial trouble, there are a few things you can do to stop foreclosure, or at least slow the process, before it [...]

Foreclosure Tax Relief is a popular topic right now and most consumers who have landed in a foreclose situation need to understand the tax implications of a foreclosure! Even though you no longer own the home, when a bank forgives the debt, you may still have to pay taxes on it! Hows that for a [...]

As Independence Day passes this year, many Americans are in dire financial situations. Regardless of the talking head news media, the economy in our Country is not showing too much hope in the near future for millions of Americans who are out of work and out of money!
The Credit industry is doing its best to [...]

Another of the many efforts from the Obama Administration was released this week! An all new 152-page draft bill to create ANOTHER new commission, the Consumer Financial Product Commission. While it’s intended to protect against confusion among all the different financial industry products for consumers, it sounds like just another way of adding to our [...]

While some news outlets are touting the turnaround they claim to be in progress in the housing market, one of the key indicators they fail to mention in headlines, is that a high percentage of home sales, are those in distress, or foreclosure!
Smoke and Mirrors in the Real Estate Market
Regardless of who you choose to [...]

A recent report from RealtyTrac shows just how far the Washington spin machine goes to tell us just how rosy of an economy we survive in today. Notice I said survive… not prosper, or even live… since most blue collar workers in the US are doing just that, Surviving!
Foreclosure News Headlines are Deceiving!
If you are [...]