As Rates, Inventories Rise, Developers Try Home Auctions
As the housing market slows builders are heading to the auction house to unload newly built properties. The process has its drawbacks, but buyers can find deep discounts.
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REAL ESTATE: Mortgage payoff amount in error (The Charlotte Observer) Q. When we recently paid off our home mortgage, the lender supplied the wrong payoff amount to the title company. The unpaid amount was added to my credit report as
Renters May Lose Home As Fast As Home Owners New Hampshire residents who pay their rents on time are losing their homes as fast or faster than homeowners who default on mortgages. via WLBZ read more...
Hurricane-related claims for unemployment rise The number of workers who lost jobs in the wake of hurricanes Katrina and Rita rose to 599,700 last week as their impact continued to be felt months after they
Crist creates foreclosure task force "Today, we're seeing foreclosures that are driven by these mortgages that were made to consumers, where their debt is actually increasing over time rather than decreasing." Gov. Charlie Crist
Derry officials: Reverse mortgage not income (New Hampshire Union Leader) Reverse mortgage loans will no longer be counted as income for older residents seeking municipal tax breaks, the town's chief financial officer said yesterday.read more...
Why Mortgage Life Insurance is Not a Good Idea (Stuttgart Daily Leader) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds