Jun 23rd 2010 9:16AM
Homeowners, who are slipping on their mortgage payments and unable to change their financial position, may feel like they are in a dead-end spiral and have no option but to walk away or resort to a short sale. But brokers say that it is possible for underwater homeowners with adjustable-rate mortgages to obtain something... Continue Reading »
Jun 4th 2010 8:45AM
The alleged Times Square car bomber, apprehended last month on suspicion of leaving a homemade bomb in his SUV, is on track to lose his Shelton, Conn., home to foreclosure. The suspect, Faisal Shahzad, 30, is in jail without bail for five felony charges. To avoid foreclosure, he is being ordered to repay $213,000 to... Continue Reading »
Mar 28th 2010 1:00PM
Check out Diane Keaton's latest project (a house, not a movie), or pick up some pointers on savvy homeownership - like whether to pay extra towards your mortgage, and how to lower your home's assessment. It's all in our top posts on HousingWatch this week. 1. Donald Trump's Foreclosed Condo Hotel in Fort Lauderdale... Continue Reading »
Mar 22nd 2010 5:00PM
Every month, my mortgage company gives me the same offer: Would I like to pay a little extra to lower the debt on my home mortgage? Even small additional payments, made over time, could chop years off the time it takes to repay my home loan, according to the bank. It always seems like a virtuous, prudent thing to do - but... Continue Reading »
Mar 11th 2010 11:32AM
The number of homes seized by banks, sold at foreclosure auctions, or that slipped in default dropped by more than 7,000 (or 2 percent) in February, according to data firm RealtyTrac. That's great news for anyone worried about the value of their home or the strength of the economy. For months, the threat of a new wave of... Continue Reading »
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