foreclosure

Tips for Avoiding a Foreclosure Prevention or Loan Modification Scam

Posted July 10, 2009 - 08:00 by Xin Lu

Real Estate and Housing, Consumer Affairs

Rising home foreclosures have made con artists very busy. These scammers use the public records to find homeowners who are in trouble, and then use a variety of schemes to take the homeowners' money and property in the name of helping the homeowner avoid foreclosure. If you have late payments on your home loan then it is likely that you will be targeted. The following are some warning signs that you are dealing with a possible scammer.

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What can renters do if their landlords are in foreclosure?

Posted December 15, 2008 - 12:53 by Xin Lu

Personal Finance, Real Estate and Housing, Consumer Affairs

Lately many tenants across the United States who faithfully paid their rents on time were surprised to find eviction notices tacked on their doors because their landlords have not been paying the mortgage. Other tenants are receiving "cash for keys" offers from the banks that reposessed the homes. If you are a renter, here are some precautions you can take to make sure you do not face an unexpected foreclosure related eviction and some tips on what to do if your landlord is losing the home you live in.

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Should we all just stop paying the mortgage?

Posted October 16, 2008 - 07:42 by Paul Michael

Personal Finance, Real Estate and Housing

I’ve been recovering from surgery recently, so that has given me the opportunity to do a lot of thinking on my sick bed. And with the recent turmoil in the economy, plus a focus on the housing market, I couldn’t help a certain thought from bubbling up in my mind day after day. It’s not responsible; it’s not even fair; but I do have to wonder…should we all just stop paying the mortgage?

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