How to Be a Real Estate Mogul With Less Risk

By Michele Lerner Want to be a real estate mogul but without the hassle of directly owning property? Real Estate Investment Trusts, or REITs, offer a simpler -- and safer -- way to reap the benefits of a diversified real estate portfolio through owning shares of a portfolio of property. REITs, which are publicly... Continue Reading »

Fighting Off Foreclosure: One Woman's 3-Year Ordeal

By Michele Lerner When even a single home goes into foreclosure, the effects can be far reaching. In the case of Dee, when she faced foreclosure on her home in Prince George's County, Md., the potential hardship extended well beyond her immediate family. Dee's home not only shelters some of her six children and... Continue Reading »

Nightmare Stories of Renting Out Your Home

By Catherine Baab-Muguira During the heady days of the housing bubble, many Americans bought second homes and investment properties, believing that the value of these properties would increase. Then came the bust, and some owners turned to renting out those recently acquired homes, condos and apartments. Zillow.com has... Continue Reading »

Facebook CEO Mark Zuckerberg Refinances Mortgage Loan Down to 1%

Mortgage rates have fallen to record lows. But if you're in the market for a home loan, you're going to have a tough time matching the deal that Facebook founder and CEO Mark Zuckerberg got on his mortgage. Like millions of Americans have done in recent years, Zuckerberg decided to refinance his mortgage. But according... Continue Reading »

Living on a Prayer: Church Foreclosures Skyrocket

By Rich Smith The Bible tells us that "it is easier for a camel to go through the eye of a needle, than for a rich man to enter the kingdom of God." Foreclosing on his pastor probably doesn't make the trick any easier. There's a new development in the housing crisis: Foreclosures are hitting houses of worship. ... Continue Reading »

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