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August 7, 2010

Foreclosure and Home Equity Loans

Filed under: Home Loan Basics,Home Loan Tips - 07 Aug 2010

Most people understand what happens when a bank or lender forecloses on a home: the homeowner (borrower) essentially stops paying the mortgage and the lender has the opportunity to take back and then sell the home to someone else through …

June 2, 2010

How To Walk Away From A Home

Filed under: Home Loan Tips - 02 Jun 2010

Sure, it sounds simple: just walk away from you home and leave your worries behind. But there are lots of things to actually plan and think about before you walk away from your mortgage, your home and everything you …

January 15, 2010

What To Do If Your Mortgage is Under Water

Filed under: Home Loan Basics - 15 Jan 2010

With over 20% of all homeowners being upside down with their mortgage, it’s no wonder that lots of people are starting to ask if it’s really worth staying in a home that’s worth much less than the mortgage they …